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5.8

Bitcoin Rises on Soft US Inflation, Heads for Best September Since 2013

Core PCE rose 0.2% in August, below expectations, reducing odds of another Fed rate hike and boosting risk assets. Bitcoin ETFs saw nine consecutive sessions of inflows, supporting the rally. The move signals continued risk-on sentiment in crypto markets, though sustainability depends on upcoming data and Fed guidance.

InfoMoneyabout 11 hours agoUSCredibility 48%View source

Score Breakdown

Mosaic Score5.8
Model confidence0.7
Significance0.5
Source credibility0.5

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