#CryptoCPIWatch

Cryptocurrencies: Bitcoin faces selling pressure in the U.S. as CPI inflation declines for the first time since mid-2024.

Bitcoin reached a three-day high of $84,437 before reversing due to selling pressure from Wall Street.

U.S. CPI inflation fell to 2.8%, below expectations, marking its first decline since July 2024.

Bitcoin ETF outflows totaled $ 153.87 million, indicating growing caution among institutional investors.

BTC is struggling to maintain support at $82,000 amidst mixed macroeconomic signals.

The price of Bitcoin reacts to weaker U.S. inflation data.

Bitcoin (BTC) briefly surged to $84,437 on March 12 after the U.S. consumer price index (CPI) inflation report came in lower than expected, before reversing gains as trading began in the U.S. market.