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CoinGape 2024-02-13 12:52:59

Bitcoin (BTC) Price To Hit $55K After US CPI, Here’s Why

Crypto and stock market investors keenly await the consumer price index (CPI) inflation data for January by the U.S. Bureau of Labor Statistics for further cues on Fed rate cuts. Bitcoin price trades above $50,000 after a massive buying in spot Bitcoin ETFs, triggering a substantial crypto market rally. With spot Bitcoin ETF recording $494 The post Bitcoin (BTC) Price To Hit $55K After US CPI, Here’s Why appeared first on CoinGape .

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