BTCfought to hold above $30,000 on Thursday as markets prepare for the release of US inflation data on Friday. Crypto prices consolidated mostly in today’s session, whileETHfell slightly; ETHfell slightly, dipping below $1,800; and BTC
fell below $1,000.
Bitcoin was trying to hold above $30,000 on Thursday as traders began to anticipate the latest US inflation report.
On Friday, the latest Consumer Price Index (CPI) is expected to show inflation at 8.3%, which is still near a record high.
Prior to this announcement,. the BTC/USD fell slightly on Thursday, hitting an intraday bottom of $30,015.98.