Inflation Drops To 3.4 % But Bitcoin Struggles For Momentum

The release of US inflation data on August 12 did not provide markets with the much-expected positive signal. Indeed, there is a slowdown in price increases, not forgetting the Fed's reservations about the economic trajectory. Bitcoin investors hesitate to adopt an aggressive accumulation policy. The crypto market thus remains dependent on upcoming economic data and, above all, on how the Federal Reserve chooses to interpret them.

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