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Markets tilt toward September rate hikes: Five things to know in Bitcoin this week

This week’s CPI and PPI prints, along with the Fed’s Sept. 16 rate decision, could determine whether Bitcoin can secure $80,000 as a support level. Bitcoin (BTC) sees its first weekly close above $80,000 since early May as clouds gather over the US inflation outlook.Key points:Read more

Photo: Cointelegraph

This week’s CPI and PPI prints, along with the Fed’s Sept. 16 rate decision, could determine whether Bitcoin can secure $80,000 as a support level. Bitcoin (BTC) sees its first weekly close above $80,000 since early May as clouds gather over the US inflation outlook.

Key points:

Read more

Originally published by Cointelegraph. Read the full story at the source →

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