Bitcoin Slips Ahead of US Inflation Data as Traders Price In Fed Rate Hike
Key Highlights: Bitcoin slipped 1.4% to trade near $74,200 as crypto markets braced for upcoming U.S. inflation data and potential Federal Reserve policy tightening. Federal Reserve Governor Christopher Waller advocated for higher interest rates, noting a sharp inflation increase could justify a 50-basis-point hike. Crude oil prices slid 2% to multimonth lows after President Donald ...