Coin Edition -
Bitcoin fell to a three-week low, hitting $58,895 on October 10, 2024, according to data from analytics firm Santiment. However, market sentiment has turned positive, with traders seeing the drop as a buying opportunity. This shift coincides with the release of the latest US Consumer Price Index (CPI) report.The CPI data showed some worrying inflation trends, but expectations of possible interest rate cuts are keeping market optimism alive. Bitcoin traders and investors seem to view this as a good time to buy.