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Bitcoin battles US sellers as CPI inflation sees first drop since mid-2024

cryptoweekly by cryptoweekly
March 12, 2025
in bitcoin, News
0

BTC price action sees only temporary relief from lower-than-expected US CPI inflation as familiar Wall Street sellers spoil Bitcoin bulls’ latest charge.

Bitcoin (BTC) saw a classic Wall Street sell-off on Mar. 12 as bears tempered a welcome US inflation slowdown.

BTC/USD 1-hour chart. Source: Cointelegraph/TradingView

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching three-day highs of $84,437 on Bitstamp before reversing.

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  • Bitcoin at $103K hurtles MARA stack toward $5B, holdings triple
  • Rumble CEO confirms Tether-collab crypto wallet to launch in Q3
  • US man who sent crypto to ISIS could serve prison till he’s 65
  • Coinbase revenue falls 10% in Q1, missing industry estimate
  • SEC’s Crenshaw slams Ripple settlement, warns of ‘regulatory vacuum’
  • Finally blast into space with Justin Sun, Vietnam’s new national blockchain: Asia Express
  • Meta exploring stablecoin integration for payouts: Report

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