Bitcoin Holds Near $77,000 as Fed, Oil and AI Uncertainty Weigh

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Bitcoin fell 3% in Asian morning trading and held near $77,000 as traders weighed Fed uncertainty, high oil prices and AI demand concerns. Enflux said traders are reluctant to push Bitcoin higher ahead of Wednesday’s rate decision and later releases for GDP, PCE inflation and the Employment Cost Index. Enflux said Brent crude above $100 has complicated the inflation outlook.

BTC-1.77%
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