Bitcoin Price Drops Back Below $49,000 After Hot US CPI Data Deals Blow to Fed Rate Cut Bets - Where Next for BTC?

Bitcoin Price Chart / Source: Adobe / LuisaThe Bitcoin (BTC) price has dipped back below $49,000, a near $1,500 turnaround from the two-year highs it hit near $50,400 earlier in the session, in wake of the release of hotter-than-expected US Consumer Price Index (CPI) data for January. Last changing hands around $48,500 on major cryptocurrency […] The post Bitcoin Price Drops Back Below $49,000 After Hot US CPI Data Deals Blow to Fed Rate Cut Bets - Where Next for BTC? appeared first on Crypton...