🚀 Bitcoin (BTC) flirted with $61,500 as Wall Street opened on Oct. 11, shrugging off fresh inflation jitters from the US.

📊 The Producer Price Index (PPI) outpaced expectations, hitting 1.8% vs. the anticipated 1.6%. Inflation is back in the spotlight, but Bitcoin seems to be saying, "Not my problem!"

📈 BTC hit new local highs of $61,476 on Bitstamp, despite the inflation curveball. Analysts are eyeing $62k and beyond, with some even dreaming of $65k.

💡 Traders, keep an eye on $63.9k and $60.2k levels for potential breakouts or dips. As always, trade wisely!