5/15 US CPI Index Lower than Expected, Showing Cooling Inflation, Boosting Market Confidence in Rate Cuts, and US Stocks Soared. Bitcoin began to rise sharply that night and surged all the way to 65K. By 6/16, it had reached 66K.
The Bitcoin spot ETF on 5/15 also showed the largest net inflow in nearly two weeks. The last time the net inflow exceeded $300 million was on 5/3. As of the deadline, the IBIT inflow situation on 5/15 has not been disclosed yet, but the overall net inflow is at least $300 million.
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CPI Boosts Confidence, US Stocks Reach Record High, BTC Rises to 66K, ETH Rises to 3,000
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