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Bitcoin holds near $80,000 as Fed caution weighs

Original: bitcoin

Bitcoin is trading flat around $80,000 as investors digest hawkish signals from the US Federal Reserve and hotter-than-expected inflation data. The cryptocurrency is topping search charts across the UK, Germany, France, Spain and Canada, with traders weighing whether monetary policy headwinds will push prices lower or whether the market can hold current levels.

Why now: The price stalling near a key $80,000 level amid hawkish Fed comments and elevated inflation is drawing broad investor attention across multiple countries.

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