Bitcoin’s (BTC) tight consolidation near its local top suggests that traders are waiting for a catalyst to start the next trending move. The Consumer Price Index data on April 12 and the producer price index data on April 13 could give insight into the Federal Reserve’s future rate hikes and shake the traders out of their slumber.
The dull price action in has not reduced the interest in it. According to Ahrefs search volume data, Bitcoin remains the most Googled term in the United States, followed by the keywords “Donald Trump” and “breaking news.”
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