US CPI is Bullish; Meme-Season Continues-Will Bitcoin’s (BTC) Price Make it to $30K?

The post US CPI is Bullish; Meme-Season Continues-Will Bitcoin’s (BTC) Price Make it to $30K? appeared first on Coinpedia Fintech News

The crypto markets are surging! Bitcoin’s price closer to reclaim its position above $29,000. The main reason behind the surge is the US CPI rates which have fallen around 4.9% against the expected 5% YoY. With the bullish signals being let out for the crypto space, the Memecoin mania is expected to continue for a long. 

However, the query rises whether the Bitcoin (BTC) price make its way to $30,000, rising beyond $29,000. 

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