Bitcoin Surges to $72,400 as Inflation Shock Triggers Bull Rush
On April 10th, the price of Bitcoin (BTC) increased slightly, moving from around $72,000 to $72,400. This rise followed a report from the Bureau of Labor Statistics showing that core inflation in March increased by only 0.2%, less than the expected 0.3%. Overall inflation (headline CPI) rose by 0.9% due to a significant 10.9% increase in energy costs, largely influenced by the situation in the Middle East, leaving annual inflation at 3.3%. Core inflation, which excludes food and energy, was 2.6% over the past year, a bit lower than the 2.7% predicted by economists.

