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Will Bitcoin Retreat? Wall Street, Kalshi’s US CPI Inflation Estimate as Oil Prices Rebound

Crypto market participants are bracing for US CPI inflation data today, with Bitcoin sliding more than 2% to below $69,500 ahead of the release. Oil prices’ rebound is keeping traders uncertain about market direction, as the US-Iran war narrative has turned into an oil crisis. Wall Street giants and the Kalshi prediction market expect CPI

The post Will Bitcoin Retreat? Wall Street, Kalshi’s US CPI Inflation Estimate as Oil Prices Rebound appeared first on CoinGape.

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