BTC fails to break $84K as tech weakness caps gains ahead of U.S. CPI

Bitcoin attempted to break above $84,000 but gave back its gains within an hour, slipping to around $83,200, CoinDesk reported. Alex Kuptsikevich, chief market analyst at FXPro, said the cautious tone in the Nasdaq 100 was limiting Bitcoin’s advance as markets stayed on the sidelines ahead of the U.S. consumer price index for September. Kuptsikevich added that a daily close above $84,000 could mark the first signal of a breakout from Bitcoin’s recent trading range.