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Hot US Inflation Sends Gold and Bitcoin Lower as Fed Rate Hike Bets Surge

TokenPost·September 10, 2026·1 min read
Hot US Inflation Sends Gold and Bitcoin Lower as Fed Rate Hike Bets Surge

Bitcoin and gold fell on September 10 after U.S. producer prices rose 0.4% in August, with annual PPI inflation at 5.4%, above forecasts. The hot reading boosted Fed rate hike expectations, sending Treasury yields higher and triggering selling across markets.

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