$BTC Strong US Inflation Data Provides Boost for Bitcoin (BTC)

The US Consumer Price Index (CPI) rose 2.3% in April, which is less than the predicted 2.4% that economists had forecast. Bitcoin (BTC) climbed back above $103,000 and is continuing to accumulate above $100,000, perhaps with a view to an assault on the all-time high of $109,000 in the next several days.