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Bitcoin Price Nears $85K as US CPI Falls to 2.8% in February


Bitcoin price today rose to $83,500 after the US published encouraging February Consumer Price Index (CPI) data. The headline CPI dropped to 2.8%, lower than the median estimate of 2.9%, while the core CPI fell from 3.3% to 3.1%.

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crispus

Crispus is a seasoned Financial Analyst at CoinGape with over 12 years of experience. He focuses on Bitcoin and other altcoins, covering the intersection of news and analysis. His insights have been featured on renowned platforms such as BanklessTimes, CoinJournal, HypeIndex, SeekingAlpha, Forbes, InvestingCube, Investing.com, and MoneyTransfers.com.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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