Bitcoin Price Pumps 5% to $65K After CPI Data – Can BTC Break Out of Its Current Range?
1 year ago
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The Bitcoin (BTC) price surged more than 5% back to the $65,000 level on Wednesday in wake of US CPI inflation data that showed moderating price pressures in April, supporting bets that the Fed will be able to ease interest rates a few times before the end of 2024.
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