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Bitcoin hugs $70K range as March Fed rate cut odds fall below 1%

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Bitcoin hugs $70K range as March Fed rate cut odds fall below 1%

Bitcoin reacted in kind to calm US macro data, while oil stayed volatile amid uncertainty over the duration of the Middle East conflict.

Bitcoin (BTC) circled $70,000 into Thursday’s Wall Street open after US jobs data matched expectations.

Key points:

Bitcoin shrugs off more US macro data as jobless claims copy flat CPI numbers.

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