Bitcoin Price Has Displayed A Drop Of 1.38% Despite Positive CPI Data!

The post Bitcoin Price Has Displayed A Drop Of 1.38% Despite Positive CPI Data! appeared first on Coinpedia Fintech News

The June U.S. CPI inflation hit 3.0%, under the expected 3.1%. Moreover, core CPI rises 3.3% Y-o-Y, missing the forecast of 3.4%. However, the price of Bitcoin failed to surpass its important resistance of $59,600. Currently, the star crypto hovers close to its $57,000 range with a 24-hour drop of 1.44% and a trading volume of $28.45 Billion, a change of 14.01%.