Macro· ★★★· neutral·

Bitcoin Rebounds to $84,000 as Market Awaits US Inflation Data

  • —Bitcoin rose above $84,000 after touching a low of $80,300; Ethereum topped $2,550
  • —BTC is down 3% and ETH nearly 7% on the week
  • —Brent crude fell 1% to $103.55 after Trump announced a Russia-Ukraine energy ceasefire
  • —Markets await Wednesday's US CPI print, forecast at 3.7% annual inflation
Why it matters: The CPI and PPI prints will shape Fed rate expectations and set bitcoin's direction for the coming weeks.
#BTC#ETH
Source: BTC-ECHO
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