Bitcoin Waits for Guidance From U.S. Inflation Data, Bond Market

Bitcoin Waits for Guidance From U.S. Inflation Data, Bond Market

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Source: Coindesk.com

Thursday's U.S. CPI updated is expected to offer evidence of continued progress on the inflation front, boosting the Fed rate cut probability. Increased prospects of Fed rate cuts could bode well for BTC's recovery. BTC bulls should watch out for a potential "steepening" of the Treasury yield curve.

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Source: Coindesk.com

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