Bitcoin Jumps 8.3% to $66,442, Highest Since April, on Cooler US Inflation
- —BTC hit $66,442, up 8.3% in 24 hours — highest since April 24
- —US CPI rose 0.3% versus 0.4% expected
- —Key support at $65,150, resistance at $67,300
- —Selling pressure eased as short-term holders sell at a loss
Why it matters: Cooler inflation raises the odds of Fed rate cuts, supporting risk assets including bitcoin.
Source: CryptoTicker