Even as Inflation Risk Fades, Bitcoin Remains Stuck Below $31K

And, indeed, bitcoin’s price quickly shot up to almost $31,000 following the report. It didn’t last long. As of press time, BTC had pulled back below $30,500, down more than 1% from where it was before the Consumer Price Index (CPI) data was released.

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Cryptocurrencies: 16,250
Markets: 1,197
Marketcap: $ 3.45 T
24h Vol: $ 195.18 B
BTC Dominance: 54.94%