Bitcoin Surges Past $65,000 Ahead of US Inflation Data

Bitcoin crossed the key $65,000 threshold while traders braced for crucial US inflation data due later this week. The broader crypto market joined the rally, with almost every major digital asset turning green on the weekly charts.

Ether and BNB also recorded gains of nearly three percent, mirroring strong momentum across global stock markets. Only XRP bucked the trend among the top assets, leaving most of the market in a positive mood.

Market participants are now watching the upcoming economic reports closely to gauge the next direction for risk assets. Strong inflation numbers could influence central bank decisions and shape market trends for the rest of the month.

Traders should keep an eye on macroeconomic updates and key price levels as Bitcoin tries to hold its recent gains. Volatility often picks up around major data releases, so caution is advised.