Bitcoin Rises on Cooler-Than-Expected Inflation Data
macro
Bitcoin rose after cooler-than-expected inflation data reinforced expectations that the Federal Reserve may ease monetary policy or slow the pace of interest-rate increases. The softer reading reduced pressure from rising yields and supported demand for risk assets, including cryptocurrencies. The move underscores Bitcoin’s continued sensitivity to U.S. inflation, interest-rate expectations, and broader macroeconomic liquidity conditions.
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