๐ Bitcoin Slides to $62,800 as CPI Rally Fails to Materialize โ BTC Down 3.3% This Week
Bitcoin dipped to around $62,812 on Saturday after July's CPI data came in exactly at expectations but failed to spark the relief rally traders were hoping for. Institutional flows didn't follow through, leaving BTC down ~3.3% on the week and nearly 49% below its October 2025 all-time high of $126,080. The market cap sits at roughly $1.33 trillion but weekend momentum looks soft. Is this a buy-the-dip setup or are lower levels ahead? Not financial advice.
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