Bitcoin Nears $60,000, CPI Data Looms
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Toncoin Price RallyCoinGape
•Bitcoin, Ethereum Staging Short Cover Rally Before US CPI Inflation Data
63% Informative
Bitcoin and other altcoins shows optimism ahead of the CPI inflation data numbers for July .
Bitcoin approaches $ 60,000 levels, however, a death cross signal haunts on the technical chart.
All eyes will be on the Fed and whether or not its consider rate cuts ahead in September next month .
In the last 24 hours , more than $177 million have been liquidated with $91 million in short liquidations.
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