Bitcoin Holds Near $79,000 Despite US Inflation Pressure; Jackson Hole in Focus
Bitcoin remains near Rs.
75.2 lakh despite hotter US inflation data, with institutional demand continuing to support the market.
Spot Bitcoin ETFs have recorded seven consecutive days of inflows, while investors now await Nvidia’s earnings and signals from Jackson Hole.
Bitcoin’s inability to sustain levels above Rs.
77 lakh and expectations of a September rate hike could keep volatility elevated.
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