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Bitcoin (BTCUSD) Slips on US Inflation Overshoot Ahead of Fed Rate Decision

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The Story

News Summary

  • Bitcoin fell 2.5% as US inflation data exceeded expectations, increasing pressure ahead of the Federal Reserve’s rate decision.
  • Traders remain bearish, expecting volatility and less supportive conditions for BTC due to a hawkish Fed and strong inflation trends.
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BTCUSD price history

76922.34 +14.82% over the displayed period

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