Bitcoin hunts liquidity as US CPI inflation drops to lowest since 2021
Bitcoin tagged $89,500 as US CPI data revealed sudden multiyear lows in inflation, but liquidations stayed high as the BTC price spiked.
Bitcoin (BTC) ramped up volatility into Thursday’s Wall Street open as markets reacted to surprise US inflation data.
Key points:
Bitcoin traders weather more snap BTC price volatility as CPI surprises to the downside.
