US Inflation Reaches 4-Month High as Bitcoin Bulls Retreat

6 outlets reporting

Your call?🐂 Bullish🐻 Bearish

3.7%

US inflation rate

$BTC

$81,932

-1.9%

Bitcoin’s price tumbled below $83,000 Wednesday after U.S. inflation climbed to 3.7%, its highest reading in four months. Gasoline prices jumped 9.1% in September, rattling Wall Street and complicating the Federal Reserve’s next move as…