Inflation Watch: U.S. CPI and Its Ripple Effect on Bitcoin Prices
The U.S. Consumer Price Index (CPI) for February, set for release on March 12, 2025, at 12:30 UTC, is expected to show a month-on-month increase of 0.3%, translating to an annualized headline CPI of 2.9% and a core CPI of 3.2%. Bitcoin (BTC) prices have shown volatility ahead of this release, hovering around $82,700 after a 5.52% recovery on March 11, amid a bullish RSI divergence signaling potential upward momentum. Experts...