Bitcoin Market Prepares For CPI Data Release Shockwave, But Rebound Hopes Grows
2025-07-04 01:46:04
Description
Bitcoin’s market dynamics may witness a notable shift following the release of the United States Consumer Price Index (CPI) data. While the US CPI data release is likely to trigger volatility in the general crypto market, Bitcoin could still see its price move upward once again. A Transition For Bitcoin To An Uptrend Coming Soon? Negentropic, a market expert and the co-founder of on-chain data platform Glassnode in an X post has delved into the aftermath of Bitcoin’s price action following the U...
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