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Bitcoin Soars $15,000 in Seconds as U.S. CPI Shows Slowdown in Inflation
Bitget2024/06/12 16:02
The price of Bitcoin (BTC) saw a sharp rise on June 12, soaring $1,500 just seconds after the release of U.S. inflation data. The unexpected drop in the Consumer Price Index (CPI) provided a boost to BTC and other risky assets, reversing several days of price declines in the cryptocurrency market.
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Bitcoin
BTC
$103,088.77
-2.60%
Ethereum
ETH
$3,427.31
-4.19%
Tether USDt
USDT
$0.9996
-0.02%
XRP
XRP
$2.4
-5.40%
BNB
BNB
$960.8
-3.11%
Solana
SOL
$154.59
-7.59%
USDC
USDC
$0.9999
-0.01%
TRON
TRX
$0.2969
-0.05%
Dogecoin
DOGE
$0.1726
-5.18%
Cardano
ADA
$0.5582
-6.11%
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