EconomyBitcoin faces an $8,000 trading trap as US midterms approach
After two hot inflation reports in two days, Bitcoin fell below $80,000 on Oct. 15. September CPI accelerated to 3.7% from 3.4%, while producer prices rose 1.3% for the month—their biggest increase since March 2022 and more than twice most survey forecasts.
Bitcoin faces an $8,000 trading trap as US midterms approach
Economy