CryptoCointelegraphabout 2 hours ago
Bitcoin Stays Under $65K as US PMI Warns Stagflation
1 min read
Bitcoin hovered above $64,000, down 0.5%, while US ISM Services PMI rose to 54.1 but employment dropped to 47.4, its lowest since March. The prices paid index surged to 70.3, intensifying stagflation odds. Glassnode called BTC's action "boredom rather than capitulation.
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