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Bitcoin has once again made a strong comeback, reclaiming the $80,000 level after dipping to a four-month low. This recovery has brought fresh optimism among investors, but uncertainty still lingers as key U.S. CPI data is expected to come on March 12.
Bitcoin’s Recent Price Swing
Bitcoin slipped to around $76,800 just days ago, triggering concerns about a deeper sell-off. However, the cryptocurrency quickly rebounded and now holds steady above $82,000. Despite this, Bitcoin is still down 14% in 2025 and remains 26% below its all-time high.
One of the key reasons behind Bitcoin’s recent dip was the reaction to former U.S. President Donald Trump’s proposal for a national Bitcoin reserve. Initially, the announcement created excitement, but when no actual government purchases followed, investors felt let down.
Alongside this, broader economic concerns, including inflation fears, rising
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