🚀 Bitcoin price rose and fell by several hundred dollars after the U.S. Bureau of Labor Statistics released February 2024 Consumer Price Index data. 😅
- Total TPI for February 2024 was 3.2% compared to February last year - slightly higher than the predicted 3.1%.
- The general trend of slowing inflation rates continues.
- Bitcoin recovered its losses and returned to $72,000 after falling 0.5%. 📈
Recall that yesterday, Bitcoin hit a new all-time high just below $73,000. 🎉
Do you think Bitcoin will break new records in the coming days? Share your thoughts in the comments! 💬👇