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 Thailand Pension Fund Bets on Gold and Commodities to Offset Weak Stocks READ MORE Tether Introduces Gold-Backed Stablecoin Alloy READ MORE Florida's Housing Market Sees Price Drop Amid Insurance Crisis READ MORE Kazakhstan Bolsters Its Economy with a Gold-Heavy Reserve Strategy READ MORE Economic Showdown: Trump and Harris Face Off in First Debate READ MORE Add a Comment Cancel replyYour email address will not be published.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