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Bitcoin shorters ‘likely to get burned’ if CPI prints as expected

September 11, 2024 by DIGIT
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An analyst warns that a lower CPI could squeeze Bitcoin short sellers, while a higher-than-expected CPI might lead to a Bitcoin sell-off.

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Categories australia crypto exchange, Pav Hundal, Swyftx
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  • bitcoinBitcoin(BTC)$85,470.00-0.60%
  • ethereumEthereum(ETH)$2,827.850.12%
  • tetherTether(USDT)$1.00-0.02%
  • binancecoinBNB(BNB)$829.19-1.44%
  • rippleXRP(XRP)$1.81-2.59%
  • usd-coinUSDC(USDC)$1.00-0.02%
  • solanaSolana(SOL)$119.55-2.74%
  • tronTRON(TRX)$0.2793300.05%
  • staked-etherLido Staked Ether(STETH)$2,828.190.13%
  • dogecoinDogecoin(DOGE)$0.122398-2.87%
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  • bitcoinBitcoin(BTC)$85,470.00-0.60%
  • ethereumEthereum(ETH)$2,827.850.12%
  • tetherTether(USDT)$1.00-0.02%
  • binancecoinBNB(BNB)$829.19-1.44%
  • rippleXRP(XRP)$1.81-2.59%
  • usd-coinUSDC(USDC)$1.00-0.02%
  • solanaSolana(SOL)$119.55-2.74%
  • tronTRON(TRX)$0.2793300.05%
  • staked-etherLido Staked Ether(STETH)$2,828.190.13%
  • dogecoinDogecoin(DOGE)$0.122398-2.87%