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Bitcoin Nears $65,000 as U.S. Inflation Cools

Bitcoin Nears $65,000 as U.S. Inflation Cools

Cooling core inflation is reducing the odds of a Fed hike and helping Bitcoin and Ether move higher. Bitcoin ETFs and the September FOMC meeting are back in focus.

Bitcoin is the first and largest cryptocurrency in the world.

Bitcoin was designed as digital money without a central party. The network uses blockchain technology and is often seen as a digital alternative to gold.