Bitcoin Retakes $28,000 as Inflation Cools and Debt Default Looms

With inflation down, a debt default on the horizon, and an economic slowdown potentially causing more banks to wobble, bitcoin is holding strong.

The asset jumped on the release of inflation data earlier today by about $500 from $27,700 to once again trade above $28,000.

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• Source: https://www.trustnodes.com/2023/05/10/bitcoin-retakes-28000-as-inflation-cools-and-debt-default-looms