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Coin Telegraph
2w
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Image Credit: Coin Telegraph
Bitcoin price drops 2% as falling inflation boosts US trade war fears
- Bitcoin (BTC) saw a 2.3% drop as falling US inflation increases trade war fears.
- February's Producer Price Index (PPI) came in below expectations.
- Cooling inflation also affected the US dollar's strength, but both stocks and crypto remained unaffected.
- Expectations for the Federal Reserve's interest rate decision and future rate cuts were lackluster.
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