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Bitcoin’s Price Slumps Before Christmas Despite Strong CPI Data: Your Weekly Crypto Recap


Bitcoin’s Price Slumps Before Christmas Despite Strong CPI Data: Your Weekly Crypto Recap

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BTC struggles as it faces repeated rejections at $94,500 despite a recent interest rate cut by the US Federal Reserve. Economic data releases are expected to increase market volatility, indicating a potentially challenging end to 2025 for cryptocurrencies.

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2025 is rapidly coming to an end, and even though it was quite spectacular for a large part, it’s likely to turn out to be a red year for BTC. The past week or so didn’t help the cryptocurrency either.

Recall that the asset was already rejected at $94,500 on a couple of occasions during the previous business week when the US Federal Reserve cut the interest rates. Then, all eyes turned on the following several days due to the release of more key economic data, as volatility was expected to be quite high.

Read the article at CryptoPotato

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Coins

$ 64.21K

+0.67%

$ 0.00185

+3.03%

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