Bitcoin's Consumer Price Index: Will the Markets Be Impacted?

Sarika Koss

Bitcoin & Crypto

1 mins

Oct 12, 2022 21:45

According to the analytics platform CryptoQuant, this week's Consumer Price Index could have an impact on the markets. For now, bitcoin is continuing to stay relatively steady on Tuesday.

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BTC balance on exchanges (Glassnode) — As BTC becomes more popular, the demand for it on exchanges is also increasing. This is good news for investors, as it means that more people are interested in buying the currency.

Important events happening around the world!

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The potential repercussions that the US TikTok ban could have on the cryptocurrency sector.

Bitcoin & Crypto

CryptoWendyO, a YouTuber, has the opinion that the prohibition of TikTok could be a way to target the crypto industry as opposed to just being about TikTok.

OKX has introduced an AI-based system to keep track of market instability.

Bitcoin & Crypto

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