Will Bitcoin Retreat? Wall Street, Kalshi’s US CPI Inflation Estimate as Oil Prices Rebound

Crypto market participants are bracing for US CPI inflation data today, with Bitcoin sliding more than 2% to below $69,500 ahead of the release. Oil prices’ rebound is keeping traders uncertain about market direction, as the US-Iran war narrative has turned into an oil crisis. Wall Street giants and the Kalshi prediction market expect CPI

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