Bitcoin holds first weekly close above $80,000 since early May
Bitcoin logged its first weekly close above $80,000 since early May. US CPI and PPI are due as markets refocus on a potential 0.25% rate hike tied to the inflation outlook.
Bitcoin (BTC) posted its first weekly close above $80,000 since early May as clouds build over the US inflation outlook. 25% rate hike next. US inflation data returns to the forefront this week after surprise employment data pressured crypto and risk assets.