Bitcoin holds above $80K despite hot US inflation data, signalling strong buyer confidence
By TodayTelugu Desk1 min read0 views
Bitcoin held above the $80,000 mark despite hotter-than-expected U.S. inflation data, reflecting resilient investor sentiment in the crypto market. While Ethereum and select altcoins traded lower, analysts highlighted improving on-chain activity, institutional inflows and active buyer support, even as macroeconomic uncertainty and interest rate concerns kept broader market sentiment cautious.
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