Bitcoin, stocks shun CPI print win and give up tariff relief gains — Will BTC whales save the day?
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Bitcoin and stocks drop, brushing off a positive CPI print that shows declining US inflation.
Bitcoin (BTC) price failed to hold its weekly open gains on April 10 as US stocks ignored positive inflation data.
BTC/USD 1-hour chart. Source: Cointelegraph/TradingView
Data from Cointelegraph Markets Pro and TradingView showed BTC price volatility ticking higher around the release of the March Consumer Price Index (CPI) numbers.
4M ago•
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