đ Bitcoin Pushes Above $66K After Soft US Inflation Report! đ
Bitcoin $BTC has surged past the $66,000 mark following a softer-than-expected US inflation report. đ° The favorable inflation data is seen as a signal that the Federal Reserve may ease up on future interest rate hikes, giving the markets, especially crypto, a much-needed boost! đ„
Currently trading at $66,250, Bitcoinâs price is gaining momentum, with analysts eyeing $68K as the next key resistance level. Breaking through this could set the stage for a broader bullish rally, potentially leading to a test of the $70K region. đȘ
As inflation concerns subside, the market is becoming more optimistic, with institutional interest ramping up once again. Could this be the start of another Bitcoin bull run? đ Stay tuned for more price action updates!
