Bitcoin price aims for $69K as ‘hot’ US macro data pressures dollar

Bitcoin chews through overhead resistance on the back of U.S. GDP and jobless claims data, with risk assets benefiting across the board.

Bitcoin (BTC) pushed toward $69,000 at the May 30 Wall Street open as favorable United States macro data gave risk assets fresh relief.

Data from Cointelegraph Markets Pro and TradingView tracked local BTC price highs of $68,800 on Bitstamp.

Q1 U.S. GDP data fell in line with expectations, while jobless claims beat them, feeding into a bullish risk-asset narrative based on financial conditions loosening sooner.

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