Bitcoin hits $65.5K as more surprise US inflation data sparks three-week BTC price high

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Bitcoin has surged to a three-week high, surpassing $65,500 following the release of US inflation data. Stronger-than-expected inflation metrics are fueling market volatility and accelerating capital inflows into Bitcoin. Investors should closely monitor upcoming macroeconomic indicators to determine if this rally is a technical rebound or a full-scale trend reversal.

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The market reaction reflects a shift in investor sentiment regarding inflation hedges. While high inflation typically poses risks to growth assets, Bitcoin is being perceived as a store of value against macroeconomic uncertainty.

Technical indicators suggest that breaking the $65,500 resistance level could pave the way for further momentum, provided that liquidity remains stable and institutional interest persists.

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