Coinspeaker
Bitcoin Recovery Faces Challenges as Inflation Report Looms
This week started off brightly for investors and holders of Bitcoin
BTC
$99 114
24h volatility:
2.4%
Market cap:
$1.96 T
Vol. 24h:
$53.52 B
alike as they looked to put the woes of last week behind them. The asset began showing positive signs from Monday and has since added gains significant enough to help it climb out from below $90,000, where it was struggling.
Inflation Data Raise Concerns for BTC’s Next Move
Despite the signs, however, some doubts remain in the market. Particularly, in terms of whether or not BTC can really sustain the gains it has been amassing recently or, better still, do more gains.
These fears become even more glaring
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