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Benzinga
Benzinga
Business
Khyathi Dalal

Bitcoin Holds At $114,000 As CPI Data Prints 'Nothingburger'—What Now?

Bitcoin Inflation US Federal Reserve

Bitcoin (CRYPTO: BTC) is holding around $114,000 after the latest inflation data release, sparking debate over whether more upside is ahead.

What Happened: In his latest X post, trader Astronomer reiterated confidence that BTC set its cycle low at $110,000 in late August, citing confluences including the historic pattern of FOMC-driven reversals.

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