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Bitcoin price coils under $65K as US PMI data brings new ‘stagflation’ warning

Importance 46Neutral* Trust 78 · 1 source3.5Market Impact: 3.5/10 · Low
The higher the score out of 10, the bigger the expected impact on the market. Heuristic estimate — not financial advice.
Bitcoin price coils under $65K as US PMI data brings new ‘stagflation’ warning

Bitcoin price action stayed compressed in an ongoing divergence from stocks and gold while US PMI data sparked fresh talk of “stagflation.”

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