Bitcoin Surges to $81.5K After Strong US GDP Data Beat

Bitcoin jumped back above $81,000 after the Wall Street open, aided by a batch of US macro data that broadly matched expectations for inflation while pointing to firmer economic growth. The move also came as equities slid early in the session, with technology under pressure following Alphabet ’s earnings miss. On-chain and exchange-level price action showed BTC rebounding from a mid-$79,000s low to trade at $81,547 on Bitstamp , according to TradingView data cited in the report.

Source: Crypto Breaking News