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Bitcoin holds near $81,000 as wholesale prices jump 1.3%

Bitcoin's stability amid rising inflation suggests limited immediate impact from monetary policy, but persistent inflation may shift rate discussions. The post Bitcoin holds near $81,000 as wholesale prices jump 1.3% appeared first on Crypto Briefing.

Bitcoin holds near $81,000 as wholesale prices jump 1.3%
Crypto Briefing
AI summary

Bitcoin is trading near $81,000 while U.S. wholesale prices rose 1.3%, a hotter-than-expected inflation reading. The stability suggests crypto traders are not yet pricing in a major shift in monetary policy, though persistent inflation could revive rate-hike discussions. A trader would watch whether BTC can hold this level if bond yields rise on the inflation data.

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1 linked story · 2 outlets · since 15 Oct
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    Bitcoin holds near $81,000 as wholesale prices jump 1.3%
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    The Defiant · Score 25 · via Holds $81,000, Bitcoin Holds
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