Bitcoin Rebound: Did Oil Prices Rise or Fall That Day?

CoinDesk and CoinGape both report bitcoin's rebound to the $83-84K range but give opposite accounts of what oil prices did on the same day, a detail tied to their competing inflation narratives. CoinDesk and CoinGape both report bitcoin's rebound to the $83-84K range but give opposite accounts of what oil prices did on the same day, a detail tied to their competing inflation narratives. What all sources agree on Bitcoin fell to just under/around $81,000 before recovering. Bitcoin recovered to the $83,000-$84,000 range. Traders are watching/cautious ahead of the upcoming US CPI inflation report.