BONK price plummeted 1.65% to $0.000029 on Tuesday despite a general uptick in the broader crypto market. The buying pressure uplifted Bitcoin price above $60000 following the recently released U.S. Producer Price Index (PPI) monthly rate of 0.1%, which came in lower than market expectations. This indicates that inflationary pressures might be easing more than anticipated and could lead to the Federal Reserve considering rate cuts shortly. Will this recovery be sustained?
BONK Price Poised for 30% Surge Ahead of Key Resistance
coingape.com
14 August 2024 08:41, UTC