After the US September inflation data is announced as 8.2%, Bitcoin volatile movements are expected to be observed.
in the past minutes as 8.2% announced inflation rate, on an annual basis 8.1% aspect was expected.
Over the past months, there have been sharp decreases in Bitcoin and other markets due to the fact that the inflation rate in the USA was above expectations.
With the data announced last month exceeding expectations, many analysts and experts in Bitcoin were expecting a decline.
As expected and Bitcoin price has been around since then. $3000 drop lived.
As the June inflation rate exceeded expectations, the US Federal Reserve lowered interest rates. 75 basis points had increased. Above this, although the inflation data for July came below the expectations, the FED still 75 basis points had increased. Continuing with its aggressive interest rate hikes last month, it is wondered what kind of decision the FED will take this month.
The dollar index, which is known to move inversely with Bitcoin in this process (DXY) to 114 levels at lived.