Investing.com-- Bitcoin $BTC steadied on Wednesday after softer-than-expected U.S. inflation data bolstered Federal Reserve rate-cut bets. The premier cryptocurrency recently rallied after investors welcomed a temporary U.S.-China trade truce.
Bitcoin was nearly unchanged at $103,580.0 by 09:51 ET (13:51 GMT).
The token saw sharp gains last week as it blew past the coveted $100k level on optimism around easing trade tensions, but lost steam in the last few sessions amid profit-taking.
