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Bitcoin hits $73K as cool US CPI data shows 60-year record gas price hike

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Bitcoin hits $73K as cool US CPI data shows 60-year record gas price hike

Bitcoin saw a fresh attempt to hit new local highs on the back of lower-than-expected US CPI data, despite a giant gas-price increase.

Bitcoin (BTC) tagged $73,000 following Friday’s Wall Street open as crucial US inflation numbers came in below expectations.

Key points:

Bitcoin edges higher as US CPI data remains slightly below market expectations.

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2h ago
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