Bitcoin slips before U.S. inflation report as traders price in Fed rate increase
Summary
Bitcoin prices declined ahead of an upcoming United States inflation report. Market participants are currently adjusting their expectations to account for an anticipated interest rate increase by the Federal Reserve.
Fed Governor Waller backs December tightening even if inflation cools, while falling oil prices offer some relief and Anthropic withdraws IPO pricing details.
Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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