BTC price trajectory reverses upward despite a "hot" CPI print, with Bitcoin buyers almost managing to reclaim $70,000.
Bitcoin (BTC) rebounded to $69,000 on April 10 as whales “bought the dip” on fresh United States macro data.
Data from Cointelegraph Markets Pro and TradingView showed a BTC price recovery taking shape after local lows of $67,482 on Bitstamp.
These had accompanied the release of the U.S. Consumer Price Index (CPI) print for March, which came in narrowly above expectations at 3.5% year-on-year.