The recent release of better-than-expected US inflation figures has led to a surge in the price of Bitcoin, with the digital currency reaching a level of $18,000. This increase in value is attributed to the Federal Reserve’s ongoing efforts to manage the economy.
The report boosted cryptocurrency prices in hopes that the Federal Reserve will slow the pace of interest rate hikes in light of the less-than-expected consumer price increases….
Read More: Bitcoin Price Prediction as US Inflation CPI Data is Released – BTC to the Moon?
The report boosted cryptocurrency prices in hopes that the Federal Reserve will slow the pace of interest rate hikes in light of the less-than-expected consumer price increases….
Read More: Bitcoin Price Prediction as US Inflation CPI Data is Released – BTC to the Moon?
