Cryptocurrencies
Bitcoin Settles in Calm Before Possible US Inflation Storm
- World’s largest cryptocurrency holds around the $19,500 level
- Global markets are on tenterhooks before US inflation figures
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Bitcoin settled into a holding pattern on Wednesday ahead of US inflation figures that could inject fresh volatility.
The largest cryptocurrency held at about $19,500 in Asian trading, little changed on the day but nursing a drop of 11% since the end of last week. Global markets were also becalmed as investors took a deep collective breath in the countdown to the inflation data.