Markets· ★★★· neutral·

Bitcoin slips from near $84,000 ahead of U.S. inflation data

  • —Bitcoin briefly hit $84,000 before fading to $83,200, down 0.5%
  • —Price is boxed between the 50-day moving average at $81,000 and $84,000 resistance
  • —ZEC and TRX gained about 1%, while HYPE dropped 2% to $81
  • —SOL fell 1.4% and ether slipped 1% to just under $2,500
Why it matters: A daily close above $84,000 would be the first sign buyers have broken out of the range; inflation data and bank earnings will set the tone.
Source: CoinDesk