#Bitcoin❗ 's price shot up above $59K after the CPI data for June was lower than expected. The US inflation report showed a core CPI rate of 3.3% for June, leading to a rally in Bitcoin's price. It surged past $59,000, hitting around $59,300. Currently, it's trading below $58,000 after the earlier jump. The market saw some volatility before the report, with traders anticipating potential interest rate cuts by the Federal Reserve.
--- Exciting times in the crypto world! 🚀📈
#Write2Earn! #CPI_BTC_Watch #Ethereum_ETFs_Expected_Date #CPI_DATA
