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Bitcoin spoofs $40K breakout as US CPI inflation data conforms to 7.9% estimates

Bitcoin sees competition from commodities after failing to put in lasting gains from the latest U.S. inflation news.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin spoofs $40K breakout as US CPI inflation data conforms to 7.9% estimates

Bitcoin sees competition from commodities after failing to put in lasting gains from the latest U.S. inflation news.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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