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US inflation at 3.7 percent sinks Bitcoin and gold in minutes after September CPI release
- US inflation at 3.7 percent sinks Bitcoin and gold in minutes after September CPI release — MiTrade reported US consumer prices rose 3.7 percent in the year to September, above the 3.6 percent forecast, with core inflation at 2.6 percent against an expected 2.5 percent. It said Bitcoin fell from about 83,860 dollars to as low as 82,731 dollars in the five minutes after the release, while gold fell from 4,153 dollars to 4,117 dollars. (MiTrade)
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