BTC Sees Wild Price Action Amid CPI Data Release
Bitcoin's price underwent a wild ride on Friday, following the release of August CPI data. The cryptocurrency initially fluctuated before eventually settling at around $77,000.
Ethereum also experienced significant price action, reaching an eight-month high before its upward momentum was halted.
The larger-cap altcoins are mostly in the green over the past 24 hours, but Ethereum has slumped following its major rally.