Bitcoin Bitcoin, which was maintaining its price levels above $22,000 for a while now, has lost that crucial area. The main reason for this is the recent release of August’s Consumer Price Index (CPI) data, which is indicating 8.3% year-on-year. Experts were anticipating an 8.1% figure, and thus, this increased stat has come as a shock for the entire crypto space.  US CPI for August YoY coming in above expectations at 8.3% (expected 8.1%) but lower than in July with 8.5%. MoM core CPI coming in hot at 0.6% twice as high as the expected 0.3%. Not what the Fed […]