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Bitcoin Whipsaws After Consumer Inflation Comes in Slightly Hot The Bureau of Labor Statistics published Augusts Consumer Price Index (CPI) data just a day after it revealed lower-than-expected wholesale inflation. BTC Dips Then Recovers After Latest CPI Report Bitcoin dropped to $113K on Thursday morning after the Bureau of Labor Statistics (BLS) announced slightly hotter-than-expected inflation in its August Consumer Price Index (CPI) report. []
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