Bitcoin price taps 647K as US CPI shows core inflation at 3 year low

1. Bitcoin price hits $64.7K - The article discusses the recent surge in the price of Bitcoin,reaching $64.7K. This significant milestone indicates a bullish trend in the cryptocurrency market,potentially driven by increased institutional interest and mainstream adoption.

2. US CPI core inflation at 3-year low - The article also highlights the United States' Consumer Price Index (CPI) core inflation rate hitting a 3-year low. This data suggests that the overall inflation rate in the US is stabilizing,which could impact the country's economic policies and investment decisions moving forward.

3. Market analysis and implications - The article provides a comprehensive analysis of the correlation between Bitcoin's price surge and the US CPI core inflation rate reaching a 3-year low. It explores potential implications for investors,traders,and policymakers,indicating a complex interplay between macroeconomic factors and the cryptocurrency market's dynamics.



source https://titdoi.com/news/Bitcoin-price-taps-647K-as-US-CPI-shows-core-inflation-at-3-year-low

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