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    Bitcoin's Price Steadies Near $61,600 Ahead of Key US Inflation Data

    8 hours ago

    Bitcoin hovered near $61,700 on Thursday as investors awaited the US Core PCE inflation report, a key indicator for future Federal Reserve policy. Analysts said weak institutional participation, continued ETF outflows, and uncertainty over interest rates kept sentiment subdued, while on-chain data suggested the market has yet to enter a capitulation phase.
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