Economic TimesLean R·
Bitcoin trades below $63,000 despite softer inflation concerns after US CPI data
Bitcoin dipped below $63,000 despite in-line CPI data, trading at $62,740. Major altcoins saw mixed movements, with some gaining up to 3% while Hyperliquid fell. Analysts note Bitcoin's range-bound trading and tentative recovery, with ETF flows reflecting caution. Despite market volatility, crypto adoption continues to grow.
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