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Bitcoin (BTC) Price Hits $66K After Soft Inflation Data; Solana (SOL), NEAR Lead Crypto Rally

Altszn.com by Altszn.com
May 15, 2024
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Bitcoin (BTC) Price Hits K After Soft Inflation Data; Solana (SOL), NEAR Lead Crypto Rally
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“Investors consider this as a bullish regime shift, as it marks the first decrease in CPI inflation over the last three months,” Bitfinex analysts said in a market update. This, together with the Federal Reserve previously announcing its intention to taper the central bank’s balance sheet run-off, “is seen as a favorable print for risk assets,” Bitfinex added.

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Read More: www.coindesk.com

Tags: 66KBitcoinBTCCryptodataHitsInflationleadPriceRallysoftSOLSolana
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