A higher-than-expected inflation rate could exert downward pressure on cryptocurrencies like Bitcoin, triggering price pressure and shifts in sentiment.
Altcoins like Toncoin surged while Ethereum, Solana, and XRP saw some decline. Bitcoin climbed 2.5% above $62,000.
Influential analysts highlight the importance of monitoring CPI data and Bitcoin's stability above $65,000 for short-to-mid-term uptrend.
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