Bitcoin ‘Grossly Undervalued’ at Current Prices, Traders Say Ahead of CPI, Trump-Harris...

Bitcoin ‘Grossly Undervalued’ at Current Prices, Traders Say Ahead of CPI, Trump-Harris Debate Week

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Source: Coindesk.com

Bitcoin remained stable over the weekend, trading between $54,000 and $55,000, following a significant liquidation of crypto long positions after a U.S. jobs report indicated a weaker labor market. Upcoming events this week include a Presidential debate and the release of U.S. economic indicators like the CPI and PPI, with market analysts from Presto Research suggesting Bitcoin

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The post "Bitcoin 'Grossly Undervalued' at Current Prices, Traders Say Ahead of CPI, Trump-Harris Debate Week" appeared first here Coindesk.com.

Source: Coindesk.com

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