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Bitcoin and the overall cryptocurrency market entered an uptrend following the recent release of the US Consumer Price Index (CPI) data, laying the groundwork for tonight's Federal Open Market Committee (FOMC) meeting. Bitcoin and Ethereum gained 3.4% and 2.43% respectively in the last 24 hours, but market sentiment remains cautious. Bitcoin is hovering around $70,000 and Ethereum around $4,000 [...]
The news of Bitcoin skyrocketing with the huge bets of retail investors between Inflation Data and FOMC Meeting Expectations was first published on COINOTAG.