Bitcoin slips before U.S. inflation report as traders price in Fed rate increase
Summary
Bitcoin prices dropped ahead of the upcoming United States inflation data release. Market participants are currently anticipating another interest rate increase from the Federal Reserve following recent comments from a central bank official.
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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