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June Inflation Shock: Bitcoin Defies Odds with Stellar $117K Rebound
June Inflation Shock: Bitcoin Defies Odds with Stellar $117K Rebound
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Inflation bites—hard. The US economy just coughed up another ugly June CPI print, but crypto's golden child isn't playing by traditional rules.
While fiat currencies sweat, Bitcoin's staging a riotous comeback. The OG cryptocurrency just punched through $117K like Wall Street's '2% inflation target' was a polite suggestion.
Hedging against monetary malpractice? Check. Outperforming every 'stable' asset? Obviously. The real question—will the Fed finally admit they're monetizing incompetence before BTC hits $200K?
Fun fact: Your savings account still yields less than a DeFi dust wallet. Stay poor, traditional finance.
BTCUSD. Source: TradingView
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