Bitcoin holds above $83,000 ahead of U.S. inflation data as altcoins lag

Read original at CoinDesk·

Bitcoin holds above $83,000 ahead of U.S. inflation data as altcoins lag

60-second summary

Bitcoin holds above $83,000, briefly touching $84,000 before easing, as traders await U.S. inflation data; the CoinDesk 80 index slips 0.6% since midnight. The price stability reflects cautious optimism, while altcoins lag behind, indicating risk‑off sentiment. Market participants watch the upcoming CPI report for directional cues, which could swing crypto volatility and liquidity.

Bitcoin briefly reached $84,000 before easing back, while the CoinDesk 80 fell 0.6% since midnight as traders waited for U.S. inflation data.