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$Bitcoin (BTC.CC)$ is falling, the Nasdaq is under pressure, and Wall Street is questioning whether the AI boom can withstand higher interest rates. Is this a buying opportunity or the beginning of a deeper correction? 1. Hot Inflation Shakes Wall Street The U.S. September Consumer Price Index (CPI) rose 3.7% year…
Bitcoin price risks falling toward $78,200 as hot US CPI data fuels Fed rate hike bets. A bearish flag pattern signals further BTC downside.
U.S. inflation sped up more than expected in September, perhaps putting multiple Federal Reserve rate hikes back into play. The September Consumer Price Index rose 0.6%, according to