Bitcoin hits $65.5K as more surprise US inflation data sparks three-week BTC price high
CoinTelegraph·
60-second summary
Bitcoin is currently trading at its three-week high of $65.5K, surpassing levels seen since June 22, as US PPI inflation numbers unexpectedly drop, sparking another surprise in macroeconomic data this week. This unexpected inflation data is fueling market optimism, with investors seeking safe-haven assets like Bitcoin, causing its price to surge.
Bitcoin moved up to its highest levels since June 22 as US PPI inflation numbers provided the week’s second surprise macro data drop.