Despite better-than-expected inflation data released during the week, the price of bitcoin briefly fell but quickly recovered.
After falling to $48,000 following the CPI data, #BTC reached a ceiling of $BTC BTC is currently at $51,912, but the cryptocurrency market is focused on this week's key economic data.
The US producer price index (PPI) data was also released today.
The following data was released:
The initial reaction of #bitcoin (BTC) and the US dollar (DXY) following the release of PPI data was as follows:
OpenAI announced its new Wordcoin (WLD) project, which took off along with two altcoins!
The London-based company withdrew its investment in XRP! The reasons are as follows!
Preparations for bitcoin and altcoin bulls continue thanks to a huge institutional whale: 86.5 million USDC transferred to Binance!
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