Bitcoin Price Spikes Near $80K as CPI Matches Forecasts

Bitcoin briefly spiked to $79,837 following the release of August CPI data that matched projections, but volatile intraday trading triggered over $732 million in crypto liquidations. Volatile Trading Triggers $732M in Liquidations Bitcoin briefly reclaimed $79,000 Friday after the U.S. Bureau of Labor Statistics released August Consumer Price Index (CPI) data that aligned with economists’ […]

Source: https://news.bitcoin.com/market-updates/bitcoin-price-spikes-near-80k-as-cpi-matches-forecasts/