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Bitcoin Slammed After Benign US CPI: Will the Uptrend Still Hold?

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In spite of the relatively benign US inflation figures released on Wednesday, Bitcoin dipped more than $1,000 on the news, falling back to the bear market trendline. Has this put paid to the current rally or is it just a bump on the road?

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Bitcoin Slammed After Benign US CPI: Will the Uptrend Still Hold?
Crypto Daily 2h ago

Bitcoin Slammed After Benign US CPI: Will the Uptrend Still Hold?

In spite of the relatively benign US inflation figures released on Wednesday, Bitcoin dipped more than $1,000 on the news, falling back to the bear market trendline. Has this put paid to the current rally or is it just a bump on the road?