Hey, crypto enthusiasts! 🚀

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! 💬

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