US PMI Drop Puts Pressure on Bitcoin and Crypto Market Amid Cooling Business Activity on Nostr: Bitcoin Price Surges as US Inflation Data Indicates Potential Interest Rate Cut ...
Bitcoin Price Surges as US Inflation Data Indicates Potential Interest Rate Cut
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#4b5de303 ver:0.52
Bitcoin's price surges 7.5% to $66,350 as US inflation data suggests a potential interest rate cut, driving investors to seek alternative assets. The bullish market sentiment impacts stock markets and fuels Bitcoin's rally. However, concerns about inflation, interest rates, and regulatory uncertainty contribute to Bitcoin's stagnant price at $62,498.6. A sustainable rally depends on the US high yield rate dropping below 6% or 7%. Network activity decreases, and big investors are inactive. The outlook for US rates will influence the future of crypto markets. #Bitcoin #inflation #interestrates #cryptocurrency...
#newstr #Bitcoin #UsCoreInflation #BullMarket #FederalReserve #InterestRateCut
https://here.news/story/4b5de303?ver=0.52
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#4b5de303 ver:0.52
Bitcoin's price surges 7.5% to $66,350 as US inflation data suggests a potential interest rate cut, driving investors to seek alternative assets. The bullish market sentiment impacts stock markets and fuels Bitcoin's rally. However, concerns about inflation, interest rates, and regulatory uncertainty contribute to Bitcoin's stagnant price at $62,498.6. A sustainable rally depends on the US high yield rate dropping below 6% or 7%. Network activity decreases, and big investors are inactive. The outlook for US rates will influence the future of crypto markets. #Bitcoin #inflation #interestrates #cryptocurrency...
#newstr #Bitcoin #UsCoreInflation #BullMarket #FederalReserve #InterestRateCut
https://here.news/story/4b5de303?ver=0.52