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First Mover Asia: Crypto Prices up on Better-Than-Expected US Inflation on Moon

Bitcoin rose to its highest price in a week, recovering somewhat after last week’s abysmal start to the year.

At the time of publication, the largest cryptocurrency was changing hands around $43,900, after dipping a few days ago below $40,000 for the first time since September. The bitcoin price is still down 5.2% so far in 2022.

The bitcoin market may have gotten a boost from a U.S. Labor Department report Wednesday

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