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Bitcoin climbed back to the $64,000 level after US inflation data showed its sharpest deceleration in six years, cooling one of the market's main macro headwinds. Softer CPI strengthens the case for Fed rate cuts, which lowers real yields and the dollar and tends to lift high-beta risk assets like BTC alongside the NASDAQ. Watch whether Fed officials validate the disinflation read and whether spot BTC ETF inflows pick up to confirm the move has follow-through.
As a Crypto signal, watch whether it changes price action, volatility, or flows around BTC, IXIC.
Original Source: Decrypt
This page is market information analysis, not investment advice.
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