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Bitcoin reaches $75K by Aug 31?
5
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Yes • 50%
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Cryptocurrency market data from major exchanges
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$BTC Surges to Over $69K Amid Lower-Than-Expected U.S. Inflation
Jun 12, 2024, 12:39 PM
Bitcoin ($BTC) surged to over $69,000 following the release of lower-than-expected U.S. inflation numbers. The news has sparked a broader market rally, with assets such as gold and Bitcoin responding positively to future inflation expectations. Market analysts suggest that this development may prompt the Federal Reserve to consider interest rate cuts.
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