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Bitcoin trades at $79,000, next week’s US inflation data to test rate-cut hopes and crypto valuations
Bitcoin hovered near $79,000 as investors awaited US inflation data for clues on Federal Reserve policy. Softer inflation could revive rate-cut hopes, while hotter data may reinforce higher-for-longer expectations. Ethereum and major altcoins also declined, while institutional crypto demand strengthened through ETF inflows despite recent volatility and mixed macro signals.
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economictimes.indiatimes.com
Bitcoin slips under $77K after August rally as macro pressures mount. Here is what expert say
Bitcoin fell below $77,000 as rising oil prices, bond yields and geopolitical tensions pressured crypto markets after Augusts rally. Ethereum and major altcoins also declined,…
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Bitcoin trades at $79,000, next week’s US inflation data to test rate-cut hopes and crypto valuations
Bitcoin hovered near $79,000 as investors awaited US inflation data for clues on Federal Reserve policy. Softer inflation could revive rate-cut hopes, while hotter data may…
