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Crypto· Bitcoin

What Traders Are Watching for Bitcoin's Next Move

In brief Bitcoin is holding near $78,000 after a hot PCE inflation reading knocked it back from an $81,000 high, with a $6.4 billion options expiry, Fed Chair Kevin Warsh's first Jackson Hole speech, and Nvidia earnings all landing within 48 hours of each other. The CME FedWatch tool now prices a 38.4% chance of a September rate hike, down from 82% a month ago, with the Fed's next decision due September 16.

8 days ago

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