Bitcoin Near $82,400 as Markets Await U.S. Inflation Data
Bitcoin traded near $82,400 on Monday afternoon as investors awaited U.S. inflation reports, with analysts watching support at $81,300.
Bitcoin was trading around $82,400 on Monday afternoon, down roughly 1.5%, while major Wall Street indexes showed mixed results.
Investors remained cautious ahead of U.S. consumer price index (CPI) and producer price index (PPI) reports due later in the week.
Analysts were watching $81,300 as a potential support level for bitcoin. Across the broader crypto market, liquidations exceeded $304 million, according to Bitcoin.com News.
Source: Bitcoin.com News
