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Bitcoin price chops around $26k as investors await key data reports
Sideways price action continued for the cryptocurrency market on Monday as little changed in the macro picture over the weekend, leaving investors content to sit on the sidelines ahead of key inflation and jobs data arriving on Thursday and Friday. Stocks climbed higher despite ongoing economic concerns and the threat of additional increases to the benchmark interest rate as the Federal Reserve struggles to bring inflation down to its 2% target. At the closing bell, the S&P, Dow, and Nasdaq all finished higher, up 0.63%, 0.62%, and 0.84%, respectively. Data provided by TradingView shows that Bitcoin’s (BTC) ... (full story)