#CPIWatch
Bitcoin (BTC) sparked massive volatility across Binance today, violently correcting down to a 24-hour low of $76,046 before pulling off a dramatic recovery to touch a high near $79,890.
The wild price action followed the release of the U.S. Consumer Price Index (CPI) data, which highlighted a widening energy gap and cemented expectations for a hawkish Federal Reserve interest rate decision.#BNBTops730USDT #USCoreCPIRises0.3%InAugustBeatingForecasts #SpotGoldRises0.87%SilverGains1.13% #BTC
Bitcoin (BTC) sparked massive volatility across Binance today, violently correcting down to a 24-hour low of $76,046 before pulling off a dramatic recovery to touch a high near $79,890.
The wild price action followed the release of the U.S. Consumer Price Index (CPI) data, which highlighted a widening energy gap and cemented expectations for a hawkish Federal Reserve interest rate decision.#BNBTops730USDT #USCoreCPIRises0.3%InAugustBeatingForecasts #SpotGoldRises0.87%SilverGains1.13% #BTC