Bitcoin remained just above $30,000 on Friday as investors anticipate potential rate hikes this year. Despite the hawkish news, bitcoin bulls held their ground. However, Nexo co-founder Antoni Trenchev believes that bitcoin needs a fundamental driver to break out of its current range and reach its 13-month high. Investors are closely watching for inflation data expected on Wednesday, which could potentially cause bitcoin to rise or fall depending on the outcome.
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Bitcoin hovers above $30,000 amid signals of potential rate hikes
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