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Bitcoin (BTC) Price Pushes Above $66K After Soft US Inflation – Here’s Where Its Headed Next
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Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...
Bitcoin (BTC) surged past $66,000 on Friday, following the release of a softer-than-expected US Core PCE inflation report for August.
The news fueled speculation that the Federal Reserve may ease interest rates faster, potentially helping the US economy avoid a recession in 2025.
This marks the highest Bitcoin price in nearly two months.
Read more on cryptonews.comAbout this in other media
Bitcoin ‘Destined’ to Break Below 60K Support Amid Geopolitical Tensions: Standard Chartered cryptonews.com /4 weeks ago
Bitcoin Price Chops After Strong US Jobs Report – Where Next for BTC? cryptonews.com /4 weeks ago
New HBO Documentary unveils Alleged Identity of Bitcoin’s Creator, Satoshi Nakamoto cryptonews.com /4 weeks ago
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