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Coin Telegraph

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Bitcoin, stocks shun CPI print win and give up tariff relief gains — Will BTC whales save the day?

  • Bitcoin (BTC) price failed to hold its weekly open gains on April 10 as US stocks ignored positive inflation data.
  • The release of the March Consumer Price Index (CPI) numbers showed slowing inflationary forces, despite mass-market disruption due to US trade tariffs.
  • US stocks, including the S&P 500 and Nasdaq Composite Index, were in no mood for relief and experienced significant declines.
  • BTC price rebound may depend on the actions of large-volume traders, such as 'Spoofy the Whale,' who can influence price action.

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