Bitcoin, Gold Prices Fall After CPI Data: How US Inflation Fared in February
February’s Consumer Price Index (CPI) came in exactly as expected, offering no new catalyst for Federal Reserve rate cuts. However, fresh geopolitical pressures may complicate the picture going forward. Bitcoin (BTC) slipped to $69,500 in the minutes after the release, a 1. 2% decline over the prior 24 hours, as traders processed data that largely confirmed existing expectations
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