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bitcoin newsOct 14, 2026AI summary

Bitcoin Retreats After Brief Push Toward $84,000 as CPI Looms

Bitcoin's move toward $84,000 reversed within an hour as technology shares lost momentum and traders awaited U.S. inflation figures.

Bitcoin Retreats After Brief Push Toward $84,000 as CPI Looms

Bitcoin pulled back after briefly approaching $84,000, with the advance reversing in less than an hour, according to CoinDesk.

The retreat coincided with a stall in technology stocks and continued selling in semiconductor shares.

Traders were awaiting the September U.S. Consumer Price Index report, putting inflation data in focus ahead of its release.

Source: CoinDesk

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