Live updates: Bitcoin rises to $81,000, with next week's CPI report looming large
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Bitcoin climbed to about $81,000 amid risk-on sentiment heading into next week's U.S. CPI report. Market participants are broadly cautious, viewing the CPI print as the primary near-term catalyst that could drive heightened volatility and reshape Fed rate expectations. If inflation prints cooler-than-expected, Bitcoin may extend its rally by easing rate-hike fears; conversely, hotter-than-expected inflation could prompt a pullback as yields and the dollar reprice.
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