The post Can Bitcoin Price Overcome Bearish Pressure Amid Upcoming FED Rate Cuts? appeared first on Coinpedia Fintech News The latest CPI reported unexpectedly low U.S. inflation. Core inflation fell 0.1 percent from 3.4 percent to 3.3 percent in June, the first drop in almost four years. Analysts see this as a bullish signal for Bitcoin, but the price isn’t rising. If the US central bank cuts interest rates, discouraging fixed-income investments, people will …
