Impact of CPI Data and Fed Officials' Speeches on Bitcoin Trading
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According to GreeksLive, this week is crucial for Bitcoin investors due to key macroeconomic events. The Consumer Price Index (CPI) data release on Thursday is the most significant economic indicator, likely to influence Bitcoin's market movements. Additionally, the week features numerous speeches from Federal Reserve officials, which could further impact market sentiment and volatility. Traders should closely monitor these events as they could provide insights into future monetary policy and economic conditions affecting Bitcoin prices.
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