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Bitcoin Slips Below $78,000 as Macro Risks and Fed Caution Mount

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The Story

News Summary

  • Bitcoin slipped below $78,000 amid Middle East tensions and trader caution ahead of US CPI inflation data and the FOMC decision.
  • Although momentum indicators show fading buying pressure, BTC maintains its broader uptrend above key moving averages, with crucial support holding near $77,000.
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BTCUSD price history

76868.36 +14.74% over the displayed period

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