<ul><li>Bitcoin's price retreats to around $104,000 ahead of the Federal Reserve's interest rate decision.</li><li>European and UK inflation data show higher readings, with UK inflation rising to 2.6% and Eurozone inflation settling at 2.2%.</li><li>UK core inflation increases to 3.5%, while Euro Area's core inflation remains steady at 2.7%.</li><li>Bitcoin's volatility reflects caution as traders assess the potential implications of the Fed's decision.</li></ul>

Bitcoin retreats back to $104k as markets eye Fed decision and latest EU, UK inflation data

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