Bitcoin has surged past the critical $110,500 threshold, following the revelation of unexpectedly low inflation figures from the United States. This newly confirmed inflation data, derived from last month’s PCE report, now guarantees an interest rate cut by the Federal Reserve in the coming week.
Continue Reading:Bitcoin Climbs Beyond $110,500 as Inflation Data Surprises
Source: https://en.bitcoinhaber.net/bitcoin-climbs-beyond-110500-as-inflation-data-surprises