#BTCBreaks99K

Bitcoin stabilizes above $63,000 amid market anticipation

The price of Bitcoin has stabilized today above the $63,000 threshold, supported by a temporary decline in the strength of the US dollar and improved risk appetite among investors. The market is awaiting US inflation data this week, which could influence the monetary policy direction of the Federal Reserve. If the data comes in below expectations, cryptocurrencies may experience a new upward wave.