Bitcoin Slips as Traders Look to U.S. Inflation Data — Market Talk

Bitcoin slips in early Asian trade. Cryptocurrencies prices are continuing to trade within a narrow range, as traders await fresh signals on the market's direction, FxPro chief market analyst Alex Kuptsikevich says in a note. Traders are eyeing U.S. CPI data due later Friday, which would offer further clues of the Fed's upcoming interest rate decision. Higher borrowing rates tend to weigh on risk appetite, dragging cryptocurrencies. Bitcoin falls 0.55% to $76,841.33, LSEG data show.([email protected])