Bitcoin surged past $66,000, marking its highest price since April 24, while altcoins like Solana and NEAR led gains. Positive market sentiment driven by softer U.S. inflation data sparked the rally.
Investors see a decrease in CPI inflation as a bullish regime shift, along with the Fed's balance sheet run-off taper announcement. This, coupled with strong performance in traditional markets, points to an overall favorable environment for risk assets.
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