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Bitcoin price coils under $65K as US PMI data brings new ‘stagflation’ warning

Cointelegraph·August 6, 2026·1 min read
Bitcoin price coils under $65K as US PMI data brings new ‘stagflation’ warning

Bitcoin price remained compressed under $65K, diverging from stocks and gold. US PMI data sparked fresh talk of 'stagflation,' adding to market uncertainty. Bitcoin's price action stayed in a tight range as investors weighed economic signals and the potential impact on risk assets.

Read at Cointelegraph
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