BTC Nears $61,500 on Oct. 11 as Crypto Ignores Fresh US Inflation Concerns 🇺🇸
📈 BTC/USD Hits New High of $61,476 on Bitstamp.
📊 US PPI Beats Forecasts, Up 1.8% vs. 1.6% Expected.
💡 CPI and PPI Both Show Rising Inflationary Pressure, Putting Fed in Big Challenge.
📉 Crypto and Risk Assets Diverge, Stocks Gain While BTC and Altcoins Face Selling Pressure.
🔮 Traders Predict BTC Could Retest Higher Resistance, Targeting $62k and $65k.
💬 What Do You Think About This Trend? Share Your Thoughts!
#Bitcoin#Crypto#Market#Inflation #Investment