Investing.com UK on Nostr: Bitcoin price today: flat at $67k amid rate cut cues, softer inflation ========== The ...
Bitcoin price today: flat at $67k amid rate cut cues, softer inflation
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The price of Bitcoin remained flat at $67,484.6 amid rate cut cues and softer inflation. The Federal Reserve's forecast of high interest rates for longer overshadowed signs of cooling near-term inflation. Traders remained averse to Bitcoin and cryptocurrencies due to high-for-longer U.S. interest rates. The Fed's comments came after U.S. consumer inflation eased slightly more than expected in May. The focus is now on inflation data for more cues on U.S. inflation. Altcoins also drifted lower due to rate jitters.
#Bitcoin #Cryptocurrency #RateCut #Inflation
https://uk.investing.com/news/cryptocurrency-news/bitcoin-price-today-flat-at-67k-amid-rate-cut-cues-softer-inflation-3545962
==========
The price of Bitcoin remained flat at $67,484.6 amid rate cut cues and softer inflation. The Federal Reserve's forecast of high interest rates for longer overshadowed signs of cooling near-term inflation. Traders remained averse to Bitcoin and cryptocurrencies due to high-for-longer U.S. interest rates. The Fed's comments came after U.S. consumer inflation eased slightly more than expected in May. The focus is now on inflation data for more cues on U.S. inflation. Altcoins also drifted lower due to rate jitters.
#Bitcoin #Cryptocurrency #RateCut #Inflation
https://uk.investing.com/news/cryptocurrency-news/bitcoin-price-today-flat-at-67k-amid-rate-cut-cues-softer-inflation-3545962