BNB$659.45-0.41%BRENT$93.52-0.28%BTC$74,593-0.21%COPPER$6.53+1.11%DJI$52,759-1.32%DOGE$0.0817-1.30%DXY98.71-0.18%ETH$2,347-0.07%GOLD$4,534+0.40%NDX$29,213-0.72%SILVER$68.87+1.16%SOL$89.17-0.11%SPX$7,641-0.87%US10Y4.70+0.92%VIX16.01+7.52%BNB$659.45-0.41%BRENT$93.52-0.28%BTC$74,593-0.21%COPPER$6.53+1.11%DJI$52,759-1.32%DOGE$0.0817-1.30%DXY98.71-0.18%ETH$2,347-0.07%GOLD$4,534+0.40%NDX$29,213-0.72%SILVER$68.87+1.16%SOL$89.17-0.11%SPX$7,641-0.87%US10Y4.70+0.92%VIX16.01+7.52%
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Bitcoin Targets $63K as US CPI Data Boosts Fed Rate Pause Odds

BTC ↑ Strong

Key takeaways

  • BTC: BTC — Strong bullish
  • Bitcoin's price movement is influenced by US CPI data, which aligns with expectations and raises the likelihood of a Fed rate pause in September to 60%.
#Bitcoin#US CPI#Federal Reserve

Analysis

Bitcoin's price movement is influenced by US CPI data, which aligns with expectations and raises the likelihood of a Fed rate pause in September to 60%.

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