Bitcoin (BTC) Hits New ATH With CPI Inflation Data, But Corrects Soon Resulting in Major Liquidations

On Wednesday, November 10, the Bitcoin price shot up significantly to a new all-time high of $69,000 soon after the U.S. reported a 6.2% surge in the Consumer Price Index (CPI). This shows that inflation in the United States has been growing up at the fastest rate since the 1990s. Affected by the CPI data

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