{"id":586291,"date":"2024-10-11T12:36:46","date_gmt":"2024-10-11T12:36:46","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=586291"},"modified":"2024-10-11T12:36:46","modified_gmt":"2024-10-11T12:36:46","slug":"bitcoin-price-prediction-as-us-cpi-rises-more-than-expected-analysts-say-consider-this-ico-offering-huge-staking-rewards-for-doge-shib-and-pepe","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/bitcoin-price-prediction-as-us-cpi-rises-more-than-expected-analysts-say-consider-this-ico-offering-huge-staking-rewards-for-doge-shib-and-pepe","title":{"rendered":"Bitcoin Price Prediction: As US CPI Rises More Than Expected, Analysts Say Consider This ICO Offering Huge Staking Rewards For DOGE, SHIB, And PEPE"},"content":{"rendered":"
The Bitcoin Price rose a fraction of a percent in the last 24 hours <\/span>to trade at $60.373<\/a> as of 03:40 a.m. EST on trading volume that rose 7% to $30 billion.<\/span><\/p>\n This comes as the US consumer price index (CPI) increased a seasonally adjusted 0.2% in September, putting the annual inflation rate at 2.4%. Both were 0.1 percentage points higher than expected.<\/span><\/p>\n Meanwhile, core inflation, excluding food and energy, increased 0.3% on the month, putting the annual rate at 3.3%.<\/span><\/p>\nBitcoin Price Aims For A Bullish Trend Reversal<\/h2>\n