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Bitcoin Price Prediction as BTC Shoots Up 4% - How Much Higher Can it Go?

Bitcoin has recovered over 5% during the European session in the last 24 hours, as weaker US inflation figures have increased, triggering a reversal in the crypto market. With renewed optimism about the economy's future,...

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

Bitcoin Price Prediction as BTC Shoots Up 4% - How Much Higher Can it Go?
Bitcoin has recovered over 5% during the European session in the last 24 hours, as weaker US inflation figures have increased, triggering a reversal in the crypto market. With renewed optimism about the economy's future, investors have returned to riskier assets, sending the market price of the largest cryptocurrency by market capitalization to $17,250. The continuing FTX unwinding triggered a price drop on Wednesday, sending it to two-year lows. ...
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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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