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Breaking: Bitcoin Price Advances As US CPI Inflation Cools

source-logo  coingape.com 12 June 2024 15:40, UTC

The most awaited U.S. Consumer Price Index (CPI) data today showed that the U.S. inflation remained unchanged at 0.3% in May, more than the market estimates. Notably, market watchers were eagerly waiting for this crucial inflation data for cues on the current economic health and potential stance of the U.S. Federal Reserve with their policy rate plans.

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