Bitcoin prices rose 6.7% today as the Euro Core Consumer Price Index (CPI) increased and the US banking crisis continued to drag on. The digital currency has been on a steady upward trend since the beginning of the year, with the price of one Bitcoin now standing at $9,400. The Euro Core CPI rose to 1.3% in April, up from 1.2% in March, while the US banking crisis has been ongoing since the start of the year, with several major banks facing financial difficulties. The rise in Bitcoin prices is seen as a sign of investor confidence in the digital currency, despite the ongoing banking crisis.
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