Bitcoin is showing resilience, climbing back toward the $70,000 mark as recent inflation data in the US came in lower than expected. This cooling inflation has provided a much-needed boost to investor sentiment after a significant market wipeout earlier this week.
However, traders should stay cautious as the "Crypto Fear & Greed Index" still shows signs of extreme fear. Is this the start of a new rally, or just a temporary bounce?
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ETH #CryptoMarket #Inflation