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Bitcoin Ticks Up on Cooler PPI But $61K Liquidation Risk Looms

Cointelegraph Read original source (opens in a new tab)
The Story

News Summary

  • Bitcoin rose 0.5% to $63,900 after cooler July PPI data boosted equities and rate-cut hopes, though Fed officials remain hawkish.
  • Analysts flag $61,000 as a critical liquidation level that could trigger downside momentum if breached.
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75637.92 +15.06% over the displayed period

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