June CPI Drops to 2.7% – But Bitcoin’s Unexpected Surge Has Investors Talking!
Source: IntoTheBlock
Together, these indicators reflect a cautiously optimistic market outlook, hinting at the potential for continued upward momentum in Bitcoin’s price action.
Bitcoin when May’s CPI was about to be released
Back when the May CPI data was about to be released, the broader crypto market, including Bitcoin, was experiencing a period of stagnation and uncertainty.
CryptoQuant analysts also observed that investors took a wait-and-watch approach, holding back from aggressive moves amid speculation around upcoming inflation data.
Post Comment