Bitcoin price teases $30K breakdown ahead of US CPI, FOMC minutes

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Bitcoin price teases $30K breakdown ahead of US CPI, FOMC minutes
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Bitcoin wobbles near $30,000 ahead of CPI as Ether dips to 10-month lows against BTC.

showed BTC/USD hovering near the significant psychological level after overnight lows of $29,875 on Bitstamp.

“Today is US CPI day, and for the first time in a long while, it feels like the market is discounting the significance of this event…,” analytics account Tedtalksmacro“Trader positioning leading into today is nowhere near as conservative/risk-off as we typically would observe.”

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