🔍Market Summery

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Bitcoin eyes $63K as US CPI relief sends September Fed rate pause odds to 60%

Bitcoin eyes $63K as US CPI relief sends September Fed rate pause odds to 60%

Bitcoin (BTC) saw weakness around Wednesday’s Wall Street open as markets reacted to key US inflation data.Key points:Bitcoin ignores good news around US inflation figures as it dips below $63,500.Fed rate-hike odds cool further as attention now switches to Thursday’s PPI numbers.Bitcoin is eroding …