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Bitcoin holds below $70K as stocks slip despite a cooler US PPI print

Cointelegraph ·

Bitcoin was down about 4% on the day amid a tepid market reaction to October’s US PPI reading, which came in below expected levels.

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  1. CointelegraphBitcoin holds below $70K as stocks slip despite a cooler US PPI printBitcoin was down about 4% on the day amid a tepid market reaction to October’s US PPI reading, which came in below expected levels.
  2. Crypto BriefingBitcoin climbs above $70K and gold rises after cooler PPI reportThe slight cooling in producer inflation may temper aggressive Fed rate hikes, impacting investment strategies and market sentiment.