🚀 Bitcoin Holds Steady as CPI Data Sparks Market Optimism
Bitcoin remained stable above $69,000 after the latest U.S. CPI data showed inflation slowing to 2.4%, boosting investor confidence. As inflation cools, expectations for Fed rate cuts rise—often a bullish signal for crypto. Altcoins like ETH and SOL also saw slight gains, reflecting positive market sentiment. Traders are watching closely as Bitcoin eyes the $70K breakout zone.
Crypto continues to be a hedge against economic uncertainty, and platforms like Binance offer easy access to leading digital assets.
Disclaimer: This is not financial advice. Crypto investments are subject to market risks. Always do your own research (DYOR).
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