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Tag: BTC
Key highlights: The Bitcoin price slightly recovered today following the release of the US CPI report. The CPI came in line with market expectations, rising by 0.5%. The inflation rose to 4.2%, marking the highest level in three years. Today, the US Bureau of Labor Statistics revealed the Consumer Price Index (CPI) report of May […]
Key highlights: Bitwise says Bitcoin is the ‘canary in the macro coal mine.’ The firm means that the current BTC fall could signal an impending global financial market crisis. SSR level indicates that a lot of stablecoin liquidity is waiting to enter the BTC market. According to investment giant Bitwise, Bitcoin’s current decline could be […]