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#bitcoin price surged above $26,000 after the #US inflation rate was reported at 6%, a 40-year high. Investors turned to Bitcoin as a #hedge against #inflation due to its limited supply and #decentralized nature.

#bitcoin price surged above $26,000 after the #US inflation rate was reported at 6%, a 40-year high. Investors turned to Bitcoin as a #hedge against #inflation due to its limited supply and #decentralized nature.

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