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3 US Events to Watch as Inflation and AI Earnings Test Bitcoin

3 US Events to Watch as Inflation and AI Earnings Test Bitcoin
AI summary

Bitcoin is trading at $74,322, down 1.85% over the past 24 hours, as traders brace for three US events this week. Consumer inflation data arrives Tuesday, AI chip earnings land Thursday, and producer prices follow Friday. Hotter inflation could strengthen bets on a December Fed rate hike, a risk for crypto prices, so traders will watch the data closely for direction.

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Bearish Why is Bitcoin price down today?

Bitcoin fell more than 6% toward $75,000 on November 6, trading around $75,388, as a major sell-off in US technology stocks and heavy..

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