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Bitcoin Tumbles as US Wholesale Prices Disappoint—Traders Scramble Amid ’Soft Landing’ Fantasies
Bitcoin Tumbles as US Wholesale Prices Disappoint—Traders Scramble Amid ’Soft Landing’ Fantasies
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Whiskey-tango-foxtrot moment for crypto markets as Bitcoin sheds 3.2% following lukewarm PPI data. Turns out ’transitory inflation’ cuts both ways—who knew?
Market pulse: BTC/USD breaks below $62K as traders price in reduced Fed put. Liquidity vampires feast on overleveraged longs (again).
Silver lining? This dip smells like institutional accumulation. The ’weak hands purge’ continues before the next leg up.
Bonus cynicism: Wall Street still can’t decide if disinflation is bullish or bearish—meanwhile, your portfolio bleeds out.
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