Bitcoin, Ethereum, XRP Price Predictions Ahead of US Inflation Report

Key Insights Bitcoin price retreated as the recent recovery faced resistance. Ethereum and XRP also remained under intense pressure today. Focus now shifts to the upcoming US inflation report. The crypto market today faced renewed uncertainty as investors monitored rising oil prices and upcoming U.S. inflation data. Bitcoin (BTC) traded near $83,000 on Oct. 12, while Ethereum (ETH) and XRP faced selling pressure. Barron’s reported Bitcoin near $83,450 during Monday’s session, reflecting limited movement ahead of the economic releases. Meanwhile, crude oil prices increased as geopolitical tensions raised concerns about global energy supplies.