Bitcoin (BTC) Price Under Bearish Pressure, Could Dip To $10k Soon! Here’s Why

The post Bitcoin (BTC) Price Under Bearish Pressure, Could Dip To $10k Soon! Here’s Why appeared first on Coinpedia Fintech News In November, the U.S. consumer price index (CPI) rose […]

The post Bitcoin (BTC) Price Under Bearish Pressure, Could Dip To $10k Soon! Here’s Why appeared first on Coinpedia Fintech News
In November, the U.S. consumer price index (CPI) rose 0.1% from the previous month, slower than the 0.4% pace in October. This is a sign that the Federal Reserve’s efforts to bring down inflation are making progress. The data also boosted cryptocurrency prices, as less-worrisome consumer-price increases may give the Fed more room to relax …