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Bitcoin price consolidates below $65,000 amid concerns of stagflation triggered by US PMI data
2026-08-07 01:12:43
According to CoinMeta, the price of Bitcoin is currently consolidating below $65,000 due to concerns about stagflation triggered by US PMI data. The decoupling of Bitcoin from traditional assets highlights the evolution of its market dynamics, which is mainly driven by inflows of ETF funds and macroeconomic sentiment.
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Source：Crypto Briefing
This content is for market information only and does not constitute investment advice.
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