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As of May 14, 2025, Bitcoin (BTC) is trading at approximately $103,563, showing a modest increase of 0.75% over the past 24 hours. The cryptocurrency reached an intraday high of $104,836 and a low of $102,641. Here are the latest developments in the Bitcoin market: Market Trends: Price Consolidation: BTC continues to consolidate above the $103,000 level, indicating strong investor confidence. Profit-Taking Ahead of CPI Data: Some traders are locking in profits ahead of the upcoming U.S. Consumer Price Index (CPI) release, causing slight downward pressure on the price. $BTC
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Bitcoin dips to ~$103K today amid profit-taking and investor caution ahead of U.S. inflation data release. $BTC
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At the May 12 Crypto Task Force roundtable, SEC Chairman Paul Atkins outlined a major shift in how the U.S. will regulate crypto-moving away from enforcement-first action and toward a clear, rational rules-based framework. #CryptoRoundTableRemarks
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The US Bureau of Labor Statistics (BLS) is set to release its February Consumer Price Index (CPI) report on Wednesday at 12:30 GMT, offering a critical insight into inflation trends. Market analysts anticipate a slight drop in inflation, which could influence Federal Reserve policy, the US dollar, and risk assets like cryptocurrencies. #CryptoCPIWatch
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Bitcoin (BTC) is a decentralized digital currency enabling peer-to-peer transactions worldwide. $BTC
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