Bitcoin Slips Under $82k as Hot CPI Fuels Fed Rate Hike Bets

Bitcoin dropped below the $82,000 mark following the release of recent US Consumer Price Index (CPI) data, which came in hotter than anticipated. This inflation report has significantly increased market expectations for the Federal Reserve to implement additional interest rate hikes. Such a hawkish shift in monetary policy outlook could strengthen the US dollar, potentially exerting downward pressure on international gold prices and influencing USD/PKR dynamics.

بحوالہ / Source: www.investing.com