How Will Bitcoin React to CPI Data: What Does Inflation News Mean For FOMC Bitcoin Play?

Inflation news is affecting Bitcoin, with the BTC price pacing just below $110,000, trading at $109,480 after briefly punching through that resistance earlier in the week. Crypto traders are now looking to June 11’s Consumer Price Index release, a potential spark or a wet blanket, depending on how the numbers land. Meanwhile, the Producer Price. source: https://99bitcoins.com/news/how-will-bitcoin-react-to-cpi-data-what-does-inflation-news-mean-for-fomc-bitcoin-play/