Bitcoin Bulls Fail to Break Resistance Despite Positive US Inflation Report

Bitcoin (BTC) struggled to break a significant resistance level on Thursday despite a positive U.S. inflation report, continuing its downward trend observed since early June. Initially, a drop in consumer prices in the U.S. to a one-year low supported higher-risk assets, including Bitcoin. At one point, Bitcoin bulls seemed capable of establishing a foothold above

Source: CoinOtag