![<div>Bitcoin digests US 'nightmare' CPI, jobs data as K hangs in balance</div> <div>Bitcoin digests US 'nightmare' CPI, jobs data as K hangs in balance</div>](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMTAvMDE5Mjc2ZTItZGNhOS03MzVhLWJjZmMtNGZhZWMyN2NjNmEy.jpg)
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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Author: William Suberg