Bitcoin, Ethereum Technical Analysis: BTC, ETH Move Lower Ahead of US Inflation Data – Market Updates Bitcoin News

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Bitcoin, Ethereum Technical Analysis: BTC, ETH Move Lower Ahead of US Inflation Data – Market Updates Bitcoin News
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BTC, ETH volatile on Monday, ahead of U.S. inflation data.

U.S. inflation figures will be released tomorrow, and are expected to fall to 7.3%. Many believe this will give way to the Federal Reserve pivoting from its aggressive rate hike policy. Ethereum was also lower, and is trading below $1,250 as of writing.) started the week in the red, as traders prepared for a big week of economic announcements from the United States.

Inflation figures will be released on Tuesday, and are expected to fall to 7.3%, down from 7.7% the month prior.

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