It seems that inflation has stabilized, and Bitcoin has bounced back to the $70k range. When I checked earlier, it was trading around $73,000, and it’s slightly up over the past 24 hours.

There was a large sell pressure of about $8.7 billion before, but it looks like a rebound from that point. The improvement in the macro environment is probably leading to Bitcoin buying. Since the entire cryptocurrency market is sensitive to inflation trends, changes in economic indicators are directly reflected in prices.

However, during such rebound phases, don’t forget the risks unique to cryptocurrencies. Due to high volatility, it’s important not to get too caught up in short-term price movements. While the slowdown in inflation is a positive sign, risk management in cryptocurrency investments remains crucial.