April CPI Figures Push Bitcoin Toward $66K Mark

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BTC spiked to a weekly high after the latest CPI data.

The price of Bitcoin rose 4% to nearly $64,000 as the Consumer Price Index (CPI) met expectations.

Anticipation of the Federal Reserve potentially easing its anti-inflationary measures has fueled presumptions of a BTC rally as lower interest rates could increase investment in riskier assets.

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