May 13, 2025

Bitcoin (BTC) Sees Steady Recovery to $58K Amid Positive US Inflation Data and Institutional Optimism

1 min read

The cryptocurrency market has seen fluctuations recently, with Bitcoin (BTC) falling below $54,000. However, this week has shown more stability, with Bitcoin rebounding to around $58,000 and Ethereum (ETH) reaching approximately $3,100. According to QCP Capital analysts, this recovery can be attributed to positive U.S. inflation data, an influx of spot ETF investments, and the

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Source: CoinOtag

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