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Bitcoin rallies above $108,000, breaks key level
Trading at ~$108,590, Bitcoin has found support in today’s session, trading ~3.82% higher. Benefitting from sustained institutional interest, optimism on future regulation, and technical buying, markets look towards key US inflation data later this week. Bitcoin (BTC/USD): Key Takeaways Currently in a period of consolidation, Bitcoin's market cap currently sits around $2.15 trillion. Investor sentiment remains bullish, with support from ‘buy the dip’ interest Expected on Wednesday and Thursday, respectively, the upcoming Consumer Price Index and PPI data are particularly important for Bitcoin pricing this week. ... (full story)
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