Bitcoin Traders Brace for CPI and 4 Other Key Events This Week
BTC when published $83,415Now $80,617 ▼ −3.35% since it was published
Bitcoin traders face another potentially volatile trading week as September CPI takes center stage on Wednesday, while other key events, such as producer inflation, retail sales, and fresh Fed commentary, are likely to influence the markets as well. The cryptocurrency enters the week after a major crash last Thursday, and it’s yet to recover most of the losses. The Bureau of Labor Statistics is scheduled to publish the September Consumer Price Index (CPI) report on Wednesday, October 14, at 8:30 a.m. ET, and, as usual, markets will be watching both headline and core inflation closely.
First reported by CryptoPotato. This page is a short excerpt; the full text is theirs.
