Bitcoin holds strong at $63.2K despite inflation and Iran tensions

- Bitcoin is trading around $63,200, maintaining its recent recovery momentum
- The market is overlooking the highest PPI inflation data from the U.S. since October 2022
- Iran has closed the Strait of Hormuz but BTC remains unaffected
- BTC price shows independence from macroeconomic and geopolitical factors
$btc #btc

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Source: CoinTelegraph