Bitcoin price jumped sharply following the latest U.S. inflation report, as cooling annual core inflation boosted sentiment across cryptocurrency and traditional markets. Bitcoin traded around $79,387, gaining 2.89% over 24 hours, while the total crypto market capitalization rose 2.36% to $2.69 trillion. BTC briefly surged more than 4% following the CPI release, breaking above $79,000. Ethereum climbed over 8% during the initial reaction and reached $2,640, its highest level in seven months. XRP traded near $1.40, while stocks and precious metals also strengthened. Annual U.S. core CPI slowed… Read more
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