Currency markets await US inflation data Bitcoin hits $63,550
Currency markets are awaiting U.S. inflation data to determine the direction of interest rates, amid relative stability of the dollar and major currencies despite ongoing attacks in the Middle East and oil market fluctuations. Major currencies like the euro and the British pound have seen little change, while oil prices slightly increased following attacks on ships in the Bab el-Mandeb Strait and U.S. strikes on vessels in Pakistan. In the cryptocurrency market, Bitcoin's price declined by 0.2% to around $63,550, as financial markets remain cautious and watchful.
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