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via coindesk.comMarkets

Bitcoin barely flinches at hot CPI as ETF selling slows

FROM THE WIRE · COINDESK.COM

Bitcoin BTC$74,007.97 took Tuesday's U.S. hot inflation report and flush-out of leverage positions in its stride, falling less than 1% over the past 24 hours. The question now is whether that performance is a sign of resilience or just a pause in selling.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralBitcoin shows resilience to hot US inflation data, falling less than 1% over 24 hours.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Bitcoin absorbed Tuesday's hotter-than-expected US inflation report.
  2. 02The price fell less than 1% over the past 24 hours.
  3. 03It is unclear whether this is resilience or just a pause in selling.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
BitcoinBTCUSDCrypto73,894.30 USD+0.02%today +0.24%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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