Why is crypto crashing today? It’s not just CPI positioning

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Bitcoin and broader crypto markets are falling amid more than just positioning ahead of the US CPI release: risk-off sentiment and macroeconomic uncertainty are weighing on prices, while leveraged positions and liquidations may be amplifying the move. The sell-off points to weak near-term risk appetite rather than a CPI-specific reaction alone. Bitcoin remains vulnerable to further volatility as traders reassess rate expectations and broader market conditions.

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