Bitcoin passes $69K on slower US CPI print, but Fed rate-cut odds stay low - Source: CoinTelegraph

Bitcoin gained at Friday’s Wall Street open as a fresh US inflation surprise boosted the mood.

Key points:

• -Bitcoin price action heads toward key resistance after US CPI inflation data cools beyond expectations.

• -Crypto becomes a standout on the day as macro assets see a cool reaction to slowing inflation.

• -Traders stay wary on overall BTC price strength.

Story continues: https://cointelegraph.com/news/bitcoin-passes-68k-on-slower-us-cpi-print-but-fed-rate-cut-odds-stay-low