Bitcoin whales 'buy the dip' post-CPI as BTC price gains 3.6%

BTC price trajectory reverses upward despite a "hot" CPI print, with Bitcoin buyers almost managing to reclaim $70,000.

Buy physical gold and silver online

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.

Read more

About the author

Why invest in physical gold and silver?
文 » A