Bitcoin Falls as Hot Inflation Puts a Fed Hike Back on the Table

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Bitcoin fell as hotter-than-expected inflation revived expectations that the Federal Reserve could raise interest rates, tightening pressure on risk assets. The move reflects Bitcoin’s sensitivity to shifts in monetary-policy expectations and investor appetite for risk. A sustained inflation surprise could weigh on prices by keeping rates higher for longer, though the report alone does not establish that a rate hike is certain.

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