US CPI Data Sparks Risk-Asset Upside as Bitcoin Eyes $80,000 Mark
Bitcoin (BTC) returned to $79,000 on Friday after key US inflation data broadly conformed to expectations. Key points: US core CPI inflation data gained 0.3% month-on-month, surpassing expectations of 0.2%. Implied probabilities of an interest-rate hike by the Federal Reserve at the Sep. 16 meeting rose to 85%. US bond yields will cause Bitcoin pain […]
