Cryptocurrency analyst Michael van de Poppe predicts a "great bull market" for crypto based on lower-than-expected CPI data and a decrease in inflation. This reduces the likelihood of rate hikes by the Federal Reserve, which is positive for Bitcoin and altcoins. However, senior commodity expert Mike McGlone notes that Bitcoin is losing momentum to gold and believes that both Bitcoin and the stock market are overvalued and in a decline. At the time of writing, Bitcoin is trading at $81,086 with a 3.78% decline.



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