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3 US Events to Watch as Inflation and AI Earnings Test Bitcoin

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3 US Events to Watch as Inflation and AI Earnings Test Bitcoin

Bitcoin (BTC) faces three US events this week that could decide whether its slide deepens. Consumer inflation data lands Tuesday, AI chip earnings Thursday, and producer prices Friday. The largest cryptocurrency traded at $74,322, down 1.85% over 24 hours, per BeInCrypto Markets. Hotter inflation could firm bets on a December Fed rate hike, a risk The post 3 US Events to Watch as Inflation and AI Earnings Test Bitcoin appeared first on BeInCrypto.

Key Takeaways

  1. Bitcoin (BTC) faces three US events this week that could decide whether its slide deepens.
  2. Consumer inflation data lands Tuesday, AI chip earnings Thursday, and producer prices Friday.
  3. The largest cryptocurrency traded at $74,322, down 1.85% over 24 hours, per BeInCrypto Markets.
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Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.