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Bitcoin price jumps on higher inflation

Bitcoin (BTC) is showing resilience as its price holds steady at $26,000 amidst anticipation from Bitcoin traders for the Wall Street opening. This follows the release of the latest Consumer Price Index (CPI) report.

The CPI report provides insights into inflation and consumer spending, which can impact the financial markets. Traders are closely monitoring the report to gauge the potential impact on Bitcoin and other cryptocurrencies. As the Wall Street session begins, market participants are keeping a close eye on the performance of BTC and how it reacts to the CPI report.

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Keyphrase: Bitcoin price clings to $26,000 with Bitcoin traders braced for the Wall Street open following the latest CPI report.

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