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Bitcoin kicks off new quarter in the old $82,000-$85,000 price range

Bitcoin prices briefly reached above $85,000 on Wednesday due to lower-than-expected U.S. inflation data that reduced expectations of Federal Reserve rate hikes. However, bulls could not sustain the move, and spot ETFs did not support the price. For more details, refer to the original report.

Bitcoin kicks off new quarter in the old $82,000-$85,000 price range
Image: CoinDesk

Bitcoin prices briefly reached above $85,000 on Wednesday due to lower-than-expected U.S. inflation data that reduced expectations of Federal Reserve rate hikes. However, bulls could not sustain the move, and spot ETFs did not support the price. For more details, refer to the original report.

Sources

  • CoinDesk — Bitcoin kicks off new quarter in the old $82,000-$85,000 price range

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