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Bitcoin ($BTC ) is aiming to stay above the $62,500 mark. On the 15th of this month, the US will release inflation data, which the markets are eagerly anticipating. If inflation, especially core inflation, turns out to be lower than expected, markets tend to go up. At the same time, it would be positive if there are no outflows from ETFs, at least for now. After seeing low inflation, there could be renewed interest in entering ETFs, as entry slowed down when inflation was high. As long as Bitcoin remains above $60,000, there shouldn't be any major issues. #CryptoWatchMay2024 $BTC #Memecoins

Bitcoin ($BTC ) is aiming to stay above the $62,500 mark. On the 15th of this month, the US will release inflation data, which the markets are eagerly anticipating. If inflation, especially core inflation, turns out to be lower than expected, markets tend to go up.

At the same time, it would be positive if there are no outflows from ETFs, at least for now. After seeing low inflation, there could be renewed interest in entering ETFs, as entry slowed down when inflation was high.

As long as Bitcoin remains above $60,000, there shouldn't be any major issues.

#CryptoWatchMay2024 $BTC

#Memecoins

Disclaimer: Includes third-party opinions. No financial advice.ย See T&Cs.
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