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GgoogleCA first seen 15 d ago, last 15 d ago, peak #1

Bitcoin flat at $80k as hawkish Fed weighs

Original: btc

Bitcoin is holding around $80,000 after a hawkish Federal Reserve and hotter-than-expected inflation data dampened risk appetite, leaving the cryptocurrency rangebound. Traders are watching whether the Fed's cautious stance and persistent price pressures will push Bitcoin lower or whether it can hold the $80k support level. The price is drawing attention across markets in the US, UK, Germany, Spain and Brazil.

Why now: Bitcoin is hovering near a key $80,000 price level amid new Fed and inflation news.

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