inflationcooldown

Bitcoin's making a comeback! 😎 After plunging near $60K, it's back above $70K, up 5% in 24 hours. Blame (or thank) the cooler US inflation data—CPI at 2.4% vs. expected 2.5%—sparking talks of Fed rate cuts. Risk appetite is heating up, but the Crypto Fear & Greed Index is still in "extreme fear" mode, like FTX days.
$8.7B losses realized last week? That's capitulation vibes, with supply moving to stronger hands. Treasury losses down to $16.9B. Thinner volumes fueling this rally, but fear might trigger more sells. As an analyst, I see potential for a bottom—stay vigilant, crypto warriors! What's your BTC play?
#BitcoinBounce #CryptoFearandGreed #InflationCoolDown #MarketCapitulation