Bitcoin Soars Past $116,300 as Altcoins Shine

Bitcoin recently witnessed a remarkable surge, reaching a peak of $116,300, a development that has revitalized interest in the altcoin market. This rise came on the heels of the Consumer Price Index (CPI) release, corroborating previous anticipations set by the Producer Price Index (PPI) data that hinted Bitcoin might target the $116,000 threshold.

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