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Bitcoin Price Skyrockets Above $69,000 as US CPI Data Comes in Lower Than Expected

Bitcoin Price Skyrockets Above $69,000 as US CPI Data Comes in Lower Than Expected

The cryptocurrency market has been on high alert as the US Consumer and Price Index (CPI) numbers for May were released earlier today. The actual figures showed a slight movement, with a minor decrease to 3.3% compared to April's numbers of 3.4%. This has sparked a surge in the cryptocurrency market, with bitcoin soaring above $69,000.