Bitcoin shrugs off US CPI win as Binance CEO says BTC ‘leading pack’


Bitcoin shrugs off US CPI win as Binance CEO says BTC ‘leading pack’


Bitcoin fails to claw its way back to $104,000 and higher despite a would-be inflation tailwind and multiple liquidity grabs over the past 24 hours.

Key points:

Bitcoin fails to capitalize on lower-than-expected US CPI data, seeing a Wall Street sell-off for a second day.

Traders see BTC/USD buying time before its next move, and a trip below $100,000 is on the cards.

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