CoinGape
2024-02-13 19:13:29

Bitcoin Price Pre-Halving Rally: Can Spot ETFs Weather The Storm As CPI Report Shakes BTC

Bitcoin price splendidly crossed above a two-year high at $50,000 on Monday, as spot ETF demand set the environment for price increases. However, BTC’s time above this historical level did not last long after respecting the $50,400 resistance. Accentuated by the US CPI data which came in higher than economists anticipated, Bitcoin flash dropped to The post Bitcoin Price Pre-Halving Rally: Can Spot ETFs Weather The Storm As CPI Report Shakes BTC appeared first on CoinGape .

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