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Bitcoin gains as May CPI data shows moderate inflation numbers

Tags: bitcoin
DATE POSTED:June 12, 2024

Bitcoin prices rise as the May Consumer Price Index report reveals a slowdown in inflation to 3.3% year-over-year, raising expectations for potential interest rate cuts by the Federal Reserve later this year.

The post Bitcoin gains as May CPI data shows moderate inflation numbers appeared first on Crypto Briefing.

Tags: bitcoin