The recent drop in Bitcoin price to $94,000 coincided with the release of US Consumer Price Index data. It’s the juicy details in the snapshot of inflation during the Trump Administration, that fell short of expectations for pressure easing, and triggered market anxiety. With the Coinbase premium index also taking a hit, the fundamental question arises—are US traders jumping ship, or is this a fleeting reaction to inflation fears? Explore the complete analysis to learn how this global twist affects Bitcoin.
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