FBTC.TO is trading 3.3% higher today as cryptocurrency prices bounce back from a geopolitical selloff and softer-than-expected inflation data boosts risk sentiment.
- Bitcoin has risen approximately 3% from its previous close, lifting Bitcoin-linked ETFs and the broader digital asset market.
- June CPI data showed lower-than-anticipated inflation pressure, providing a tailwind for risk-sensitive assets following yesterday's volatility.
- The recovery reflects improving broader market sentiment as investors react to easing macro-economic pressures.