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Bitcoin Rises as Markets Digest Inflation Data Ahead of Fed Rate Decision
Published Source: DecryptRead original
Crypto Insight Summary: Inflation held at 3.4% and core cooled annually, but a hot monthly core reading kept Fed hike odds near 62% while crypto markets rallied broadly. Crypto Insight Analysis: Direction: Bullish BTC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Inflation data slightly better than expected, boosting BTC as risk-on sentiment returns.