Bitcoin gains strength above $58K following US CPI release

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SUI is the top performer from the larger-cap alts.

Bitcoin’s price faced enhanced volatility after the latest CPI data from the US but has managed to register impressive gains and now sits above $58,000.

Most altcoins have followed suit, with BNB and ADA charting 5-6% daily increases to over $540 and $0.35, respectively.

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