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Bitcoin drops 1.8% to $76,866.11 after U.S. inflation data

Bitcoin falls 1.8% to $76,866.11 following the U.S. inflation release. The producer-price index rose 0.4% in August, matching economists’ forecasts.

BTCUSD

S. inflation data was released. 4% in August, matching economists’ forecasts. 11.

76. Markets raised bets on a Federal Reserve rate hike next.