Bitcoin Rebounds to $70K, Shrugging Off Hot U.S. Inflation Print

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Bitcoin Rebounds to K, Shrugging Off Hot U.S. Inflation Print



The dip echoed through multiple asset classes, but bitcoin gradually erased all its losses, and was up over 1% over the past 24 hours, outperforming U.S. equities and gold, both of which finished with sizable declines for the day. At press time, bitcoin had slipped a bit from the $70,000 level, trading at $69,800.



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