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US Inflation Cools, Bitcoin Shows Timid Rebound

2d ago
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Three massive cryptocurrencies float above the city: Bitcoin (BTC), Ethereum (ETH), and XRP. They first appear dull, in black and white, then gradually regain vibrant orange and gold tones, as if light returns after the CPI is released.

This Wednesday, the publication of a falling PPI for August immediately revived speculation around a Fed rate cut. Bitcoin gained 0.5% within the hour, driven by this signal perceived as favorable to monetary easing. Approaching the FOMC, investors now scrutinize every economic indicator, aware that the slightest variation can trigger a market repositioning.

L’article US Inflation Cools, Bitcoin Shows Timid Rebound est apparu en premier sur Cointribune.

2d ago
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