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Bitcoin Price Today, July 16: BTC Falls 2.8% To Trade Near $116,500, Experts See Consolidation

Bitcoin's sharp over $6,000 decline is a textbook case of healthy profit-taking after an extended rally that pushed prices past $123,000, says an expert. Read more
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Inflation rate slipped to 2.1% in April, lower than expected, Fed’s preferred gauge shows

The personal consumption expenditures price index was expected to show a 2.2% annual rate in April.
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