Investing.com-- Bitcoin’s price fell on Thursday, losing more ground as risk appetite remained constrained after inflation came in stronger than expected in the U.S. in September.
CPI data slightly hotter than anticipatedBitcoin was pressured by some resilience in the , amid growing uncertainty over the Federal Reserve’s plans to cut interest rates further.
Meanwhile, inflation data for September in the U.S. came in hotter than anticipated, according to the latest Consumer Price Index (CPI) report released Thursday morning.
On a year-over-year basis, the CPI climbed 2.4%, slightly above the forecast of 2.3%, but down from 2.5% in August.
Crypto price today: altcoins fall tracking BitcoinAmong broader cryptocurrency prices, world no.2 crypto fell 1.9% to $2,385.02.

Bitcoin price today: down to $61k after slightly hotter than expected CPI report By Investing.com