Bitcoin's price swings are heavily influenced by macroeconomic news, regulatory changes, and security breaches in exchange markets. Staying informed and using platforms like Bitlet.app can help investors navigate this volatility effectively.
Bitcoin is approaching its historical peak, driven by favorable U.S. economic indicators and increasing institutional adoption. Experts believe this bullish momentum could push Bitcoin past its previous records soon.
As the crypto market continues to respond to macroeconomic factors, Bitcoin and Ethereum show signs of recovery following recent CPI data. However, caution is advised as the market remains slightly bearish.