Bitcoin surpassed $65,000 and the market is breathing differently. 🚀
The crypto king broke through a key level and is dragging almost the whole market with it: BTC, ETH, and BNB are up about 3% for the week while global stocks trade near all-time highs. The only laggard in the top is XRP, which still hasn’t joined the party. This week, there’s one key piece of data that could change everything: the U.S. inflation numbers come out in the next few days and the market is watching closely.
If inflation falls more than expected, it eases pressure on the Fed—and that’s pure fuel for risk assets. The setup is there; it just needs the data to cooperate.
Do you think the inflation data will be the catalyst that takes it to $BTC a new highs, or are we going to see a bullish trap?
$BTC $ETH $BNB
The crypto king broke through a key level and is dragging almost the whole market with it: BTC, ETH, and BNB are up about 3% for the week while global stocks trade near all-time highs. The only laggard in the top is XRP, which still hasn’t joined the party. This week, there’s one key piece of data that could change everything: the U.S. inflation numbers come out in the next few days and the market is watching closely.
If inflation falls more than expected, it eases pressure on the Fed—and that’s pure fuel for risk assets. The setup is there; it just needs the data to cooperate.
Do you think the inflation data will be the catalyst that takes it to $BTC a new highs, or are we going to see a bullish trap?
$BTC $ETH $BNB