BTC Price Predicted to Drop 3% if US CPI Meets Market Expectations

IconCryptoNewsTerminal Staff13 Jun, 2024

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BTC Price Predicted to Drop 3% if US CPI Meets Market Expectations

The founder of 10XResearch, Markus Thielen, recently announced that if the US Consumer Price Index (CPI) meets market projections of 3.5% today, Bitcoin (BTC) is expected to experience a decline of approximately 3%.