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The Economic Times
The Economic Times
Surbhi Khanna

Bitcoin trades near $63,000 as falling oil prices ease inflation worries; weak flows limit recovery

Bitcoin Inflation Oil Ethereum United States Vikram Subburaj BNB Cardano Hyperliquid Solana

Bitcoin is trading near the $63,000 mark on Monday as falling oil prices ease inflation worries and weak flows limit the recovery. The cryptocurrency was trading at $62,528 mark.

In the past 24 hours, Bitcoin was down 1.39% and Ethereum was down 1.90% to trade at $1,840 mark. Among the major altcoins, BNB, XRP, Solana, Tron, Dogecoin, and Cardano corrected upto 1.74% and Hyperliquid was up 0.28%.

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