Bitcoin retreated to around $108,000 on Wednesday after facing resistance near $114,000 as traders await key US inflation data. Ethereum followed with similar losses amid subdued global cues. Market volumes rose, while altcoins traded flat. Analysts expect softer CPI data could renew optimism for rate cuts and lift crypto sentiment.
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Bitcoin Slumps to $108,000 as Traders Await US CPI Data
by aweeincm1
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