Bitcoin slips toward $64,000 as traders await Wednesday’s inflation test
60-second summary
Bitcoin is currently slipping toward $64,000 as traders await Wednesday's inflation test, with analysts divided on the outcome. The US CPI report will be a crucial indicator, and a higher-than-expected reading could lead to a reversal, while a lower reading might propel Bitcoin to new highs. Market sentiment remains cautious ahead of the report.
Bitcoin eased toward $64,000 before Wednesday's US CPI report, with analysts split on whether the stall breaks higher or reverses.