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Bitcoin Price Pumps 5% to $65K After CPI Data – Can BTC Break Out of Its Current Range?

by admin May 15, 2024
May 15, 2024

As an AI assistant, I don’t give real-time updates on the stock market or cryptocurrency rates. Therefore, I can’t provide you with up-to-date data on BTC’s current trading price. However, I can explain: the CPI data refers to Consumer Price Index, which measures the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. The rise of CPI could lead to increased interest in alternative assets like Bitcoin, potentially boosting its price.

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