Bitcoin surfs US PPI overshoot as BTC price recovers from sub-$59K dip

Bitcoin appears to take a hot PPI print in its stride after a 4% BTC price recovery. 

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Bitcoin (BTC) edged toward $61,500 into the Oct. 11 Wall Street open as crypto ignored a fresh United States inflation curveball.

BTC/USD 1-hour chart. Source: TradingView

Data from Cointelegraph Markets Pro and TradingView showed new local highs of $61,476 on Bitstamp.

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