$BTC climbed back toward the $65,000 level after the latest U.S PCE inflation data came in softer than expected, easing concerns that the Federal Reserve may need to tighten monetary policy further.

🔹 Inflation showed signs of cooling. Headline PCE slowed to 3.7% year-over-year, while Core PCE rose just 0.1% month-over-month, below market expectations. The data strengthened expectations that inflation is gradually moving in the right direction, providing support for risk assets such as cryptocurrencies.

🔹 Crypto and equities reacted positively. Bitcoin rebounded from the $63,250 area to nearly $65,000, while $ETH , $BNB , and several major altcoins also posted gains. Crypto mining stocks significantly outperformed the broader market, reflecting renewed optimism following the inflation report.

🔹 However, risks remain. Bitcoin has yet to secure a decisive breakout above the psychological $65K resistance. At the same time, escalating geopolitical tensions in the Middle East continue to support oil and gold prices, creating uncertainty that could quickly shift market sentiment if inflation concerns return.

📌 Softer inflation has given the crypto market a short-term boost, but Bitcoin still needs to break and hold above $65,000 to confirm stronger bullish momentum.

💬 Do you think BTC will finally reclaim $65K and continue higher, or is another rejection still likely?