Bitcoin Price Fluctuates, Inflation Data Expected

Bitcoin Price Fluctuations

Bitcoin price has fluctuated between 86,000 and 90,000 dollars in the last 24 hours. This situation highlights the uncertainty in the markets.

Inflation Data and Interest Rate Expectations

In the United States, the inflation data for November is expected to show a 3.1 percent increase in the Consumer Price Index (CPI). This data could influence the Federal Reserve’s interest rate decisions.

Extra Pressure in the Crypto Markets

Additionally, potential MSCI index exclusions are said to increase pressure on cryptocurrencies, with significant outflows anticipated.