<ul><li>Bitcoin price is trading just below $110,000 due to inflation news impacting the market.</li><li>Traders are eagerly awaiting the release of the Consumer Price Index data on June 11, which could influence Bitcoin's momentum.</li><li>Market sentiment is in the 'Greed' zone, signaling caution among analysts who fear a potential retracement in Bitcoin's price.</li><li>Institutional buying and geopolitical uncertainties are also shaping Bitcoin's trajectory post inflation news.</li></ul>

How Will Bitcoin React to CPI Data: What Does Inflation News Mean For FOMC Bitcoin Play?

Discover more