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10x Research: If this weeks US inflation data meets expectations, Bitcoin is expected to hit a new high

2025-05-12 14:42:39 2 hours ago CoinRank

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CoinRank News: 10x Research said that the market generally expects the year-on-year growth rate of US CPI in April to remain unchanged at 2.4%. If this expectation comes true, the market may regard this inflation report as good news. Unless there is negative tariff news, this weeks inflation data may become a catalyst for Bitcoins rise, said Markus Thielen, founder of 10x Research, in an interview. The CPI data is likely to be bullish and may push Bitcoin to a new high, he added. (CoinDesk)

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