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Bitcoin Under Pressure: U.S. CPI Shakes the Market and Puts Key Support Levels to the Test

Bitcoin Under Pressure: U.S. CPI Shakes the Market and Puts Key Support Levels to the Test

Photo: Crypto Economy

Bitcoin came under renewed macroeconomic pressure on past Wednesday, October 14, after U.S. inflation exceeded market expectations. The report reignited concerns about the Federal Reserve’s (Fed) interest rate trajectory and triggered an immediate reaction across major cryptocurrencies. BTC fell from approximately $83,800 to $82,800 in just five minutes, prompting investors to monitor critical support levels ... Read more

Source: Crypto Economy

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