Bitcoin, Ethereum Technical Analysis: ETH, BTC Volatile as US Inflation Hits ...

Bitcoin, Ethereum Technical Analysis: ETH, BTC Volatile as US Inflation Hits ...

Prices of ethereum and bitcoin were volatile on Thursday, as markets reacted to U.S. inflation data. Bitcoin briefly recaptured the $45,000 level, but sold off after the data was released. Bitcoin Bitcoin started the day in the green, hitting the $45,000 mark in the process, however as the U.S. equity session opened, prices weighed, as it was reported that consumer prices had risen to 7.5%. BTC/USD rose to an intraday high of $45,101.17 earlier in today’s session, as it appeared that bulls were pushing prices up for a second day. The move saw bitcoin marginally break out of the....


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