CoinWorld News: Bitcoin's price exceeded $76,000 at the end of April, maintaining nearly a 12% monthly increase. However, the S&P 500 index hit a new high, driven by strong tech earnings, approaching 7,220 points. Although Bitcoin's gains are less pronounced than the S&P 500, the overall market seems unconcerned about US inflation warnings. March's personal consumption expenditures (PCE) data stood at 3.5%, the highest since August 2023. Analysts warn that Bitcoin's pullback may indicate EMA rejection, especially if it fails to close above the EMA before the weekend.

BTC2.35%
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