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June CPI Drops to 2.7% – But Bitcoin’s Unexpected Surge Has Investors Talking!

June CPI Drops to 2.7% – But Bitcoin’s Unexpected Surge Has Investors Talking!

Supporting this positive market sentiment, data from IntoTheBlock revealed that a substantial 97.14% of Bitcoin holders were “in the money,” indicating their holdings were currently valued above their initial purchase price.

In contrast, only 0.57% of holders were “out of the money,” highlighting minimal downside pressure in the market.

BTC in/out money

Source: IntoTheBlock

Adding to this bullish narrative, the Bulls and Bears indicator by IntoTheBlock recorded a slight dominance of bulls — 111 versus 110 bears, suggesting a narrow but notable tilt toward buying interest.

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