Bitcoin BTC Price Rebounds Above $22K After Tepid Inflation Readings

Joe DiPasquale, CEO of crypto fund manager BitBull Capital, told CoinDesk that he wouldn’t be surprised to see post-CPI-release gains dissipate by the end of this week. DiPasquale highlighted that crypto prices have typically risen after past CPI releases in the past “only to fall in the days after.” He said he will be looking for BTC and ETH to test $20,000 and $1,250, respectively.