Bitcoin Jumps Despite 3-Year High US Inflation: Will BTC Price Keep Rising in June?
Bitcoin (BTC) erased its intraday losses and rose by around 2.5% to $62,410 immediately after the US inflation report, even as the headline Consumer Price Index (CPI) hit its highest level in more than three years. BTC/USD hourly chart. Source: TradingView Key takeaways: Bitcoin rose as the latest US CPI reading matched economists’ expectations. BTC...
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