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Bitcoin Stalls Near $62,800 as Weak Spot Demand Risks $60K Retest

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The Story

News Summary

  • Bitcoin stalls near $62,800 despite favorable CPI/PPI data and record S&P 500 highs.
  • Negative Coinbase Premium, cooling spot volume, and fading RSI momentum point to weak spot demand, leaving $61,500-$62,000 support vulnerable and $60,000 in focus.
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78274.28 +14.61% over the displayed period

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