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2.1

Bitcoin retreats to $78,000 amid profit-taking and US inflation assessment

Bitcoin experienced a minor correction after testing the $81,000 resistance level, driven by profit-taking and market reactions to US inflation data. Despite the price decline, US-based spot Bitcoin ETFs maintained a seven-day streak of net inflows, indicating sustained institutional demand.

Valor Econômico2 days agoUS, BRCredibility 45%View source

Score Breakdown

Mosaic Score2.1
Confidence0.9
Significance0.1
Source credibility0.5

Intelligence Tags

#bitcoin#cryptocurrency#etf#inflation#market-correction

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