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Bitcoin May Be Testing Support After Brief Drop Below $113,000 Amid Inflation and Fed Uncertainty

2025-08-20 09:55

Bitcoin May Be Testing Support After Brief Drop Below $113,000 Amid Inflation and Fed Uncertainty

The Bitcoin price drop briefly pushed Bitcoin below $113,000 as investors fled risk assets after a rapid rally to $124,128. Rising Treasury yields, hotter-than-expected CPI, and leveraged liquidations combined to