Following a sharp sell-off in early February that dragged prices toward $60,000, Bitcoin has successfully reclaimed the $70,000 level. This rebound was largely fueled by cooler-than-expected U.S. inflation data (CPI at 2.4%), which has revived hopes for earlier Federal Reserve rate cuts and boosted risk appetite across the board. $BTC #GateSquare$50KRedPacketGiveaway
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Market Recovery Toward $70,000
Following a sharp sell-off in early February that dragged prices toward $60,000, Bitcoin has successfully reclaimed the $70,000 level. This rebound was largely fueled by cooler-than-expected U.S. inflation data (CPI at 2.4%), which has revived hopes for earlier Federal Reserve rate cuts and boosted risk appetite across the board.
$BTC #GateSquare$50KRedPacketGiveaway