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CryptoUpdated Yesterday

Bitcoin stays below $70,000 after cooler-than-expected US PPI

The cooler reading came with little lift for Bitcoin. Cointelegraph reported that it remained below $70,000 and was down about 4% on the day as stocks slipped. October’s US PPI came in below expectations, but the outlet described the market reaction to the reading as tepid.

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Coverage started Yesterday

Key Actors

  • Bitcoin
  • Federal Reserve System

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