Bitcoin steadies below $99,000 as US inflation data meets expectations

Liam ‘Akiba’ Wright

Bitcoin traded near $98,000 Wednesday after US November inflation data aligned with forecasts. The annual inflation rate reached 2.7%, matching consensus up 0.1%, while core inflation held at 3.3%, according to Trading Economics data. Monthly figures recorded 0.3%, slightly above last month’s 0.2%, and the Consumer Price Index stood at 315.49. Bitcoin has maintained levels […]

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Bitcoin steadies below $99,000 as US inflation data meets expectations