Bitcoin Trades Near $84,000 as U.S. Inflation Report Looms

Bitcoin (BTC) traded around $83,500 on Oct. 14 after approaching $83,900 during Asian trading, with $84,000 serving as a nearby resistance level as traders awaited U.S. inflation data. The Bureau of Labor Statistics is scheduled to release the September Consumer Price Index on Oct. 14 at 8:30 a.m. ET (12:30 p.m. UTC). The report could shift expectations for Federal Reserve policy, though its effect on Bitcoin remains uncertain. August CPI, the latest reading available before the September report, showed prices rose 0.4% from July and 3.4% over 12 months. On Sept.