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Bitcoin’s $80K Recovery Faces A Tough Inflation Test

21m ago•
Cointribune
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The scene illustrates Bitcoin's rebound to $81,500 following the release of US economic data. At the center, a gigantic personified Bitcoin coin surges upward, propelled by an ascending green arrow symbolizing the market recovery. In the foreground, several enthusiastic traders celebrate this rise in front of their financial screens. In the background, the Capitol and the American flag recall the origin of the economic statistics that influenced investors. The amount $81,500 highlights the level reached. The orange and black colors accentuate the dynamism. Overall, it reflects a surge in optimism, without guaranteeing a sustainable increase.

Bitcoin briefly regained 81000 dollars after the US PCE inflation release, in line with expectations. Behind this limited rebound, historical data show that this indicator rarely gives a lasting direction to the crypto market.

L’article Bitcoin’s $80K Recovery Faces A Tough Inflation Test est apparu en premier sur Cointribune.

21m ago•
Cointribune
bullish:

0

bearish:

0

Share
BitcoinBitcoin
-0.27%
$80,866.33
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