HomeUncategorizedBTC price ignores US PCE data at $16.8K as Bitcoin rejects volatility By Cointelegraph

BTC price ignores US PCE data at $16.8K as Bitcoin rejects volatility By Cointelegraph

December 24, 2022

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© Reuters

(BTC) saw a flicker of volatility around the Dec. 23 Wall Street open as the latest United States inflation data came in line with expectations.

1-hour candle chart (Bitstamp). Source: TradingView

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD briefly decoupling from solid sideways action to dip to $16,750 on Bitstamp.

BTC/USD order book chart (Binance). Source: Material Indicators/Twitter
Bitcoin miner to exchange transactions chart. Source: CryptoQuant