Bitcoin jumps near $110k after US inflation data shows signs of cooling

Bitcoin’s price increased 0. 5% to $109,600 on Wednesday after United States inflation data for May came in below market expectations. The asset’s move comes after a period of sustained strength, where it has held a range between $109,000 and $110,000 over the last three days source: https://cryptoslate.com/insights/bitcoin-jumps-near-110k-after-us-inflation-data-shows-signs-of-cooling/