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Bitcoin Holds Ground as Cooling Core Inflation Fails to Lift Altcoins
Despite a brief market bounce from cooling core inflation, Bitcoin maintained its gains while Ethereum and other major altcoins saw significant weekly declines.

Despite a brief market bounce from cooling core inflation, Bitcoin maintained its gains while Ethereum and other major altcoins saw significant weekly declines.

Cryptocurrency markets experienced a downturn ahead of key inflation data, as US crypto tax bills stalled in Congress and DeFi protocol Morpho secured substantial funding.

Major asset manager BlackRock is closely monitoring the upcoming Consumer Price Index report for signs of escalating inflation driven by potential energy shocks.

A new analysis suggests that Bitcoin's recent price dip is primarily linked to rising US inflation data and subsequent ETF outflows, not inherent market strategy.