Bitcoin Price Rises Above $66,000 as US Inflation Rate Declines
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#4b5de303 ver:0.57

Bitcoin's price surged over 7.5% to $66,250 as US inflation rate declined, increasing the likelihood of rate cuts by the Federal Reserve. The rise coincided with the launch of ShibaSwap, boosting the SHIB token. Despite the recovery, there's a decline in whale transaction volume, indicating positive price expectations. The decline in US inflation strengthens investor confidence in Bitcoin as a hedge against inflation, with increased trade activity among retail investors and institutions. INDODAX CEO recommends using Dollar Cost Averaging to reduce market volatility impact. #Bitcoin #inflation #crypto...

#newstr #Bitcoin #UsInflation #CryptoMarket 

 https://here.news/story/4b5de303?ver=0.57