@florasanton
How will Bitcoin respond to the upcoming U.S. inflation data release?
Upcoming U.S. inflation data can influence Bitcoin’s short-term trend. If inflation is lower than expected, markets may anticipate rate cuts, increasing liquidity and risk appetite, which is bullish for BTC. However, higher inflation could cause the Fed to maintain a hawkish stance, pressuring crypto. BTC may trade between $64,000–$70,000 in the next few weeks. Watch CPI figures, bond yields, and DXY index for clues.
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