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Bitcoin inflation hedge

Bitcoin Poised for Gains Amid Rising Oil Prices and Bullish Technical Indicators

Bitcoin’s price trajectory shows potential upside as rising oil prices and positive technical patterns converge to create favorable market conditions. Analysts highlight that escalating crude oil costs could intensify inflationary pressures, driving increased demand for Bitcoin as a traditional inflation… Read More »Bitcoin Poised for Gains Amid Rising Oil Prices and Bullish Technical Indicators

Lower-Than-Expected U.S. CPI Data Boosts Bitcoin and Crypto Market Sentiment

The latest U.S. Consumer Price Index (CPI) report showed a smaller-than-anticipated increase, potentially signaling easing inflationary pressures and providing support for Bitcoin and the broader cryptocurrency market. The May CPI recorded a 0.1% rise, falling below the forecasted 0.2% increase.… Read More »Lower-Than-Expected U.S. CPI Data Boosts Bitcoin and Crypto Market Sentiment