Inflation

Bitcoin Reclaims $100,000 on Inflation Data, but the Big Boys Are Not Convinced

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The price of Bitcoin has increased, surpassing $100,000 following the rise in US CPI figures. Despite this, institutions are buying back their BTC spot ETF shares. Bitcoin .cwp-coin-chart path svg { stroke: ; line width: ; } Price Trading volume in 24 hours Last price movement over 7 days has been hectic this week. The … Read more

Bitcoin Hits $100000 Again as Inflation Data Fuels Optimism

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Bitcoin Hits $100000 Again as Inflation Data Fuels Optimism

The rise follows a rocky start, where Bitcoin initially weakened after the daily close. However, the resumption of buying activities helped the cryptocurrency recover six figures. Traders dismissed concerns related to previous setbacks, such as Microsoft’s rejection of Bitcoin in its treasury strategy. Popular trader Skew noted strong liquidity dynamics on Binanceobserving a “passive buyer” … Read more

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