Bitcoin Surges Past $67,000 Amid Positive Inflation Data and Fed Rate Cut Speculations
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Bitcoin (BTC) made a notable recovery to over $67,000 after experiencing a drop to the $63,400 level earlier this week. The significant rebound in Bitcoin’s price coincided with the release of crucial Personal Consumption Expenditures (PCE) data.
The upward movement was further supported by speculations regarding a potential rate cut by the Federal Reserve, enhancing investor sentiment around Bitcoin.
Overall, this positive economic news led to a strong recovery for Bitcoin, renewed market confidence, and upward price momentum.
Fonte: en.coinotag.com ↗
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