Bitcoin Reaches $65.5K Following Unexpected US Inflation Data
Bitcoin surged to $65.5K, marking its highest price since June 22, as unexpected US PPI inflation data contributed to the upward momentum.
5 articles tagged with #US Inflation
Bitcoin surged to $65.5K, marking its highest price since June 22, as unexpected US PPI inflation data contributed to the upward momentum.
Bitcoin surpassed $64,000 as US inflation data showed a surprising drop in June's CPI, boosting risk sentiment and pushing crypto prices higher.
Bitcoin's price reached $64,000 following the lowest US CPI inflation since 2020, though traders remain cautious about potential resistance levels.
The upcoming June CPI report is anticipated to show a decrease in US inflation, driven by falling fuel prices, indicating potential economic shifts.
Gold prices have rebounded from a two-week low as markets prepare for upcoming US inflation data, indicating potential shifts in economic sentiment.