Bitcoin retakes $90,000 as IMF forecasts higher U.S. inflation and lower global economic growth
Bitcoin climbed above $90,000 for the first time since early March.BTC’s rally coincided with an April International Monetary Fund (IMF) report, which predicted higher U.S. inflation and slower economic growth among sovereign nations.Analysts argued that bitcoin’s decoupling from traditional finance has strengthened, but one Wintermute trader isn’t so sure.