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One day after surging to set a new cycle high above $50k, 
Bitcoin is getting hammered lower, declining by 2.5% on the day. What is causing markets to tank?
It wasn’t just Bitcoin that took a dive this morning; broader risk markets woke up on the wrong side of the bed, with the S&P 500 opening 1.3% off its yesterday close, a move lower can all be traced back to the release of January inflation data!
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