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Bitcoin Rises Amid Strong CPI and UK Rate Cut, Market Awaits 2026 Outlook

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BTC
$88,924.200.75%
Bitcoin climbed 0.69% overnight to $88,000, supported by a strong U.S. CPI report and a UK rate cut. Market outlook remains cautiously optimistic as the crypto market cap rebounded to $3.1 trillion. The fear and greed index showed mixed signals, with traders watching for 2026 trends. Bitcoin avoided a drop below the $2 trillion threshold, maintaining key support levels.
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