Bitcoin$BTC nursed losses during the European morning, trading about 1.6% lower over 24 hours even after returning to $61,000 following a dip to as low as $60,300 late on Wednesday. The broader crypto$ETH

market has fallen 2%, as measured  

Attention will turn to September's CPI report out of the U.S. later Thursday, which is expected to show increases of 0.1% month-on-month and 2.3% year-on-year. Hotter-than-expected prints could strengthen calls to stop interest-rate cuts, which would likely weigh on risk assets such as cryptocurrencies$BNB