Bitcoin hits $73K as cool US CPI data shows 60-year record gas price hike
Burns Brief
Bitcoin saw a fresh attempt to hit new local highs on the back of lower-than-expected US CPI data, despite a giant gas-price increase Market participants are carefully weighing the implications, with the outcome likely to depend on broader macro conditions and volume. Watch $BTC for reaction — a decisive move above or below key levels will confirm the next trend.
Bitcoin saw a fresh attempt to hit new local highs on the back of lower-than-expected US CPI data, despite a giant gas-price increase.
Key Takeaways
- Bitcoin saw a fresh attempt to hit new local highs on the back of lower-than-expected US CPI data, despite a giant gas-price increase