Bitcoin rose by 0.45% to $27,622 prior to US CPI data announcement. BTC's volume in the last 24 hours was $13.72 billion, declining 22.75% earlier. The global cryptocurrency market cap was trading lower at $1.14 trillion, increasing 0.41% in the last 24 hours. Experts predict that if BTC's price falls below $23.9k, it will progressively move down without any sign of improvement. The market cap of Bitcoin currently stands at around $535 billion, while its dominance rose to 46.96%.