Bitcoin digests US 'nightmare' CPI, jobs data as $60K hangs in balance

Bitcoin arguably stands to benefit from macro data upheaval as US CPI and jobless data diverges in a “nightmare” for the Federal Reserve.

Bitcoin (BTC) wobbled around the Oct. 10 Wall Street open as mixed United States inflation data sparked risk-asset volatility.

BTC/USD 1-hour chart. Source: TradingView

Data from Cointelegraph Markets Pro and TradingView captured unsettled BTC price conditions focused around $61,000.

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