Hey, crypto enthusiasts! đ
Bitcoin (BTC) approached $61,500 as Wall Street opened on Oct. 11, shrugging off fresh inflation concerns in the U.S.
- The Producer Price Index (PPI) beat expectations, rising 1.8% in September.
- This adds to the Consumer Price Index (CPI), signaling further inflationary pressure.
- Despite this, BTC showed resilience, reaching new local highs.
What do you think about the future of BTC? Comment below! đŹ
#Bitcoin#Cryptocurrencies #Investment