Bitcoin Rallies on Cooling Inflation, Eyes New Highs Bitcoin surged 6% to $66,300, breaking its stagnation and crossing above the key 50-day moving average, spurred by optimism over cooling U.S. inflation that also lifted the S&P 500 and other stock indices to record highs. This bullish move, alongside potential macroeconomic shifts and inflows to new Bitcoin ETFs, fuels optimism for a return to Bitcoin’s March highs. Other cryptocurrencies like Ether, Solana, and memecoins also saw significant gains, indicating a broader market uplift. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Four Factors Fueling Gold's Continued Rally READ MORE Silver Institute: World Silver Survey 2024 READ MORE Gold Prices Poised for Weekly Gain Ahead of Fed Decision Catalyst READ MORE US Treasury Yields Stabilize as Middle East Tensions Ease READ MORE Gold Eyes All-Time High as Silver and Copper Find Support READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment