Bitcoin Experiences Significant Drop as Investors Brace for Economic Data
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Bitcoin fell to $57,653 on August 12, increasing its 24-hour losses to 2%. This decline comes as investors anticipate the release of the US Consumer Price Index (CPI) and Producer Price Index (PPI) data. The upcoming economic reports are expected to provide insights into the Federal Reserve's potential for rate cuts, affecting market sentiment.
Bron: en.coin-turk.com ↗
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