May inflation data may push BTC under $60,000 again
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🧐 This week’s US inflation data could push Bitcoin below $60,000 if figures come in higher than expected.
📉 A CPI reading above 4% may weaken rate cut hopes and spark more crypto volatility, with $BTC already having slumped 14% last week.
🌍 Tensions in the Strait of Hormuz and risks of prolonged disruptions are raising concerns about fresh energy-driven inflation pressure.
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