Bitcoin Briefly Tops $73,000 as Inflation Data and Geopolitics Align
Business
The Bitcoin price has now briefly surpassed the $73,000 mark. The cryptocurrency is thereby continuing its upward trend of recent weeks, trading around nine percent higher than a month ago. Several factors have contributed to this development. Inflation data surprises on the upside A key trigger for the price increase was the US inflation report for March, published on Friday. The Consumer Price Index (CPI) rose by 0.9 percent month-on-month, in line with economists’ expectations. The
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