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business reporter Emilia Terzon

ASX gains on optimism that US rate hikes are over, while Bitcoin rallies again — as it happened

United States Inflation Bitcoin US Federal Reserve Emilia Terzon Nasdaq

The benchmark index is back where it was five years ago. (ABC News: John Gunn)

Another round of data out of the US is pointing towards inflation there easing, which could mean the Federal Reserve is done with rate hikes, at least for now.The ASX followed the optimism, while Bitcoin and gold also rallied.

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