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Bitcoin's rally loses momentum around $80,000, up 22% since Aug. 20, as traders await US inflation data and Fed signals
Bitcoin's rally loses momentum around $80,000, up 22% since Aug. 20, as traders await US inflation data and Fed signals. Strong ETF inflows have supported the rally, but profit-taking and overbought conditions could limit near-term gains. A sustained breakout above $83,000 could open the door toward $95,000–$100,000.
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