Bitcoin rally extends toward $73K despite concerning US economic data

Bitcoin rally extends toward $73K despite concerning US economic data

0.30%TRX$0.3196 0.55%BCH$443.75 0.09%DOGE$0.09382 0.29%XLM$0.1564 1.49%ETH$2,211 0.19%BNB$606.98 0.08%SOL$84.29 1.10%HYPE$39.94 1.11%XMR$344.31 3.79%XRP$1.35 0.03%ADA$0.2561 0.80%BTC$72,278 1.02%USD Written by Marcel Pechman,Staff WriterReviewed by Ray Salmond,Staff EditorBitcoin rally extends toward $73K despite concerning US economic data39 minutes agoBitcoin continues to show strength even as US recession risks rise and the fragile ceasefire with Iran begins to show cracks. Bitcoin climbed to $72,000 as rising recession odds and a weak US dollar boosted the appeal of scarce financial assets. Rising oil prices and a wobbly truce with Iran threaten to reverse Bitcoin’s recent gains. Bitcoin (BTC) reclaimed the $72,000 level on Thursday despite data showing rising inflation and weak economic growth in the United States. Crude oil prices jumped back to $97 after senior Iranian leaders cla

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