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Bitcoin trades steady amid a week packed with data releases
Bitcoin remained within the $58,000 to $59,000 range amid significant economic data and geopolitical tensions. Investors monitored Consumer Price Index figures, retail earnings, and geopolitics. Key support for Bitcoin was $56,300, with resistance at $58,660. Ethereum faced challenges above $2,400. Goldman Sachs purchased $418 million in Bitcoin ETFs, highlighting increasing institutional adoption.
