🚀 Bitcoin Soars to New Heights! 🚀
Bitcoin (BTC) hit an all-time high of over $93,400 following the U.S. CPI report, which showed a 2.6% inflation rate for October, matching expectations. The global crypto market cap surged to nearly $3.2 trillion before settling at $3.11 trillion. 📊
Keep an eye on two key reports this week:
- U.S. Producer Price Index (PPI): Expected to rise, indicating potential cost increases for consumers.
- U.S. Retail Sales: A slight decline could signal recession fears.
Join the conversation! What do you think these trends mean for crypto? 💬