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Bitcoin jumps 2%, trades above $78,700 despite US inflation surge

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🚨 Bitcoin jumped 2% to trade near $78,749 after US inflation data beat forecasts.
📈 Traders now see an 85% chance of a Fed rate hike next week.
💡 Rising oil prices and inflation keep the Fed and President Trump under pressure.
🔥 August saw $BTC rally after positive US regulatory and Treasury actions.

Continue Reading:Bitcoin jumps 2%, trades above $78,700 despite US inflation surge

The post Bitcoin jumps 2%, trades above $78,700 despite US inflation surge appeared first on COINTURK NEWS.

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