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Bitcoin (BTCUSD) Soars on Weak U.S. PPI, Fed Cut Bets Ignite Rally

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The Story

News Summary

  • U.S.
  • PPI unexpectedly fell in August, boosting odds of a Fed rate cut and sending Bitcoin above $113k; traders eye further gains amid heavy accumulation, though technical and futures signals warn of possible near-term pullbacks.
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BTCUSD price history

78227.13 +18.74% over the displayed period

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