🐔 Bitcoin (BTC) played a game of "chicken" with U.S. inflation data, briefly peaking at $68,433 before retreating. Despite lower-than-expected U.S. Producer Price Index (PPI) figures, BTC's reaction was lukewarm. 😐 Jobless claims beating forecasts also failed to boost sentiment. The market mood could shift dramatically in the next few hours, warns trader Skew. Meanwhile, trading firm QCP Capital remains "structurally bullish" for the rest of the year, citing potential rate cuts and the expected approval of spot Ether ETFs. 💪 What's your take? Comment below! 👇