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The S&P 500 Pumped on Good Inflation Data — Why Didn't Bitcoin?
Bitcoin struggles despite good inflation data, weak spot demand. On-chain metric shows approaching capitulation zone, but spot demand may return.
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theblock.co
Bitcoin dips under $64,000 as in-line CPI buys the Fed time, not conviction: analysts
Bitcoin fell under $64,000 after July CPI matched forecasts at 3.4%, with analysts saying the in-line print keeps the Fed patient.
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coindesk.com
BTC price news: Bitcoin slips near $63,500 as traders look past CPI to Fed’s next tests
An in-line inflation print removed a tail risk but gave BTC little reason to rally, leaving Jackson Hole, jobs data and the next CPI release as the market’s next catalysts.
