Cryptocurrency Market Today: BTC, XRP, and AIXBT Lead Recovery Ahead of US CPI Inflation Data
The cryptocurrency market today witnessed a broad recovery, with Bitcoin (BTC) regaining momentum and crossing the $97K mark after dipping to a low of $89K earlier this week. Traders are now focused on the U.S. Consumer Price Index (CPI) inflation data, set to be released today, which could significantly impact market direction in the coming days.
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Share link:In this post: The US Department of Labor reversed an earlier guidance that discouraged retirement managers from considering crypto as an investment option in 401(k) plans. The government’s stance is now fully neutral, meaning plan providers can offer digital asset exposure. The SEC will hold a major “Emerging Trends in Asset Management” conference on June 5.

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