Bitcoin rallies from $17k after core CPI data release, should you go long now?

Malaysia News News

Bitcoin rallies from $17k after core CPI data release, should you go long now?
Malaysia Latest News,Malaysia Headlines
  • 📰 CryptoAmb
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 68%

Bitcoin [BTC] rallies from $17k after core CPI data release, should you go long now?

2023-24

On the 1-hour chart, BTC posted good gains over the past two days. From Monday’s lows at $16.8k to Tuesday’s highs at $18k, BTC rallied by around 6.35%. At the time of writing, it traded near the $17.8k resistance mark.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CryptoAmb /  🏆 22. in CA

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

prices jump higher as U.S. CPI rises 7.1% in Novemberprices jump higher as U.S. CPI rises 7.1% in November(Kitco News) - Cooling inflation is helping to drive gold prices sharply higher as markets see the Federal Reserve slowing the pace of rate hikes into 2023.
Read more »

U.S inflation cools as core CPI posts smallest monthly increase in more than a yearU.S inflation cools as core CPI posts smallest monthly increase in more than a yearExcluding food and energy, the U.S. consumer price index rose 0.2% in November, indicating the worst of inflation has likely passed. Read on.
Read more »

U.S inflation cools as core CPI posts smallest monthly increase in more than a yearU.S inflation cools as core CPI posts smallest monthly increase in more than a yearExcluding food and energy, the U.S. consumer price index rose 0.2% in November, indicating the worst of inflation has likely passed. Read on.
Read more »

U.S. CPI posts smallest monthly increase in more than a year - BNN BloombergU.S. CPI posts smallest monthly increase in more than a year - BNN BloombergA key gauge of US consumer prices in November posted the smallest monthly advance in more than a year, indicating the worst of inflation has likely passed and validating an anticipated slowing in the pace of Federal Reserve interest-rate hikes.
Read more »

U.S inflation cools as core CPI posts smallest monthly increase in more than a yearU.S inflation cools as core CPI posts smallest monthly increase in more than a yearExcluding food and energy, the U.S. consumer price index rose 0.2% in November, indicating the worst of inflation has likely passed. Read on.
Read more »

U.S inflation cools as core CPI posts smallest monthly increase in more than a yearU.S inflation cools as core CPI posts smallest monthly increase in more than a yearExcluding food and energy, the U.S. consumer price index rose 0.2% in November, indicating the worst of inflation has likely passed. Read on.
Read more »



Render Time: 2025-08-24 00:11:46