Bitcoin May Drop Toward $70K Ahead of US Inflation Report
Bitcoin may face renewed downside pressure ahead of the upcoming US inflation report, with analysts warning that the cryptocurrency could retreat toward the $70,000 level if inflation remains elevated. According to estimates from the Cleveland Federal Reserve, April headline Consumer Price Index (CPI) inflation is projected to rise to 3.56% year-over-year compared to 3.3% in March. […]













