$BTC š CPI Data and Its Impact on Crypto
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š Current Market Snapshot
As of today, the global cryptocurrency market capitalization stands at approximately $3.33 trillion, experiencing a slight decrease of 0.25% over the last 24 hours. Bitcoin continues to trade above the $80,000 mark, maintaining its dominance in the market .
Market participants are exhibiting caution ahead of the CPI release, with trading volumes experiencing a decline. The outcome of the CPI report is expected to set the tone for market movements in the coming days.
š Key Factors to Watch
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