Sentiment: Positive
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Bitcoin halts four day slide as CPI comes in better than expected
By Samuel Wan at 2026-05-06 02:07
Sentiment: Positive
Spurred by better-than-expected U.S. Consumer Price Index (CPI) data, Bitcoin saw a 1.6% increase in the 13:30 (BST) 30-minute candle to close at $28,197. The move was accompanied by high volume to break a four-day slide for the leading cryptocurrency. Wider macro factors weigh heavy with Bitcoin uncertainty Since breaking below $30,000 on April 17, […] The post Bitcoin halts four day slide as CPI comes in better than expected appeared first on CryptoSlate. Continue reading...
Categories: Analysis
Tags: #Analysis #Featured
Source CryptoSlate