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Bitcoin Faces Critical $120,000 Zone Amid Rising US Inflation and Mixed Interest Rate Cut Expectations

2025-07-16 04:45

Bitcoin Faces Critical $120,000 Zone Amid Rising US Inflation and Mixed Interest Rate Cut Expectations

Bitcoin faces a pivotal moment as rising US inflation dampens expectations for an imminent interest rate cut, keeping BTC below the critical $120,000 resistance zone. June’s Consumer Price Index (CPI)