Bitcoin bulls rally, defying U.S. inflation data

Bitcoin’s resilience against U.S. inflation data indicates a shift in market sentiment, highlighting the cryptocurrency’s independence from traditional economic indicators. Despite the Personal Consumption Expenditures (PCE) Index, the Federal Reserve’s preferred inflation gauge, showing a lower-than-expected rise, Bitcoin’s price remained stable. This decoupling from inflation data suggests a... source: https://www.cryptopolitan.com/bitcoin-bulls-rally-defy-us-inflation-data/