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Bitcoin Cointelegraph

Bitcoin tags $63.2K as BTC price action ignores inflation, Iran Hormuz closure

Bitcoin mostly preserved a recent rebound despite the highest US PPI inflation since October 2022 and Iran closing the Strait of Hormuz oil route.

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

Bitcoin tags $63.2K as BTC price action ignores inflation, Iran Hormuz closure

Bitcoin mostly preserved a recent rebound despite the highest US PPI inflation since October 2022 and Iran closing the Strait of Hormuz oil route.

Why this matters

Bitcoin is showing up inside the Macro & Rates theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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Read on Cointelegraph

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