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  • Blockchain Timeline

Bitcoin rebounds and US stocks are mixed as investors await inflation data

Bitcoin price opened the week higher and is currently consolidating under $63,000. Ethereum also started the session higher but is currently flat at $2,932.


US stocks are also mixed for the Monday session with S&P 500 currently flat for the day while the Nasdaq Composite is trading higher by 0.15%.


Investors are looking ahead to wholesale and consumer inflation data coming out on Tuesday and Wednesday, respectively. CPI number is expected at 3.4% compared to 3.5% last month.

Index

Daily Change

Bitcoin

1.93%

S&P 500

0.03%

Nasdaq

0.15%


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