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đBitcoin price holds steady following surprising US PPI uptick, eyes on upcoming CPI data. Quick Take Bitcoin is currently treading water around the $27,000 mark, reflecting a modest 1% decrease following the release of a higher-than-anticipated U.S. Producer Price Index (PPI) year-on-year (YOY) result of 2.2%, notably exceeding the consensus prediction of 1.6%.đš
đEthereum (ETH) Price Returns to 500-Day Support Amid Centralization Concerns. The Ethereum (ETH) price has fallen since reaching its yearly high in April. The decrease took the price to a long-term ascending support trendline and a horizontal support area. đš
đBitcoin Bulls Rejoice as Jim Cramer Sparks Debate with Bearish Forecast. Renowned CNBC TV host Jim Cramer has once again expressed doubts about the future of Bitcoin, suggesting that it might be in for a significant drop. However, given Cramerâs track record of making inverse market predictions, some people consider his bearish outlook a potential signal for a new Bitcoin bull market.đš
đJPMorgan: Blockchain-based Tokenized Collateral Network (TCN) application launchedđš
đSergey Nazarov Says People Will Understand Chainlink (LINK) When âWe Power Everythingâ. Blockchain oracle Chainlink (LINK) co-founder Sergey Nazarov thinks people wonât have any difficulty understanding his decentralized computing platform in the future.đš
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