Wednesday morning's U.S. inflation data was in line with forecasts, and markets continue to price out any chance of a Fed rate cut at either the March or April meetings.
Bitcoin reverses overnight losses, rising to above $70,000 as oil renews decline
AI IMPORTANCE: 3/10
◆
AI INSIGHT
Bitcoin rises above $70,000 Wednesday, reversing overnight losses. U.S. inflation data printed in line with forecasts Wednesday morning, data show. Fed funds futures price out any chance of a rate cut at the March and April FOMC meetings. Brent and WTI crude extend declines.
Loading BTC data...
MOBILE APP