The cryptocurrency world was eagerly waiting for the release of US data today. Bitcoin prices showed a lot of movement this morning, falling below $61,000. This made the data even more important. The US CB Consumer Confidence Index has been announced.

Looking at the US CB Consumer Confidence Index data, the previous number was 104.7, while the expected number was around 104. The figure that was released is 97, which is lower than what was anticipated.

Economic conditions play a role in determining consumer sentiment, and higher numbers usually mean that consumers are more optimistic, leading to more purchases of goods and services that help the economy. The figure shows a decline in consumer confidence.

Bitcoin prices saw some fluctuations today. The price of BTC dropped to $60,600 when the data was released, but later rose to $60,880. While the data had an impact on BTC prices, another important event today was related to the former CEO of Binance, CZ. There is a decision pending from a judge, which is another factor affecting BTC prices.