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Bitcoin retreats from one-month high as oil tops $85, inflation concerns resurface

Source: CoinDesk
Bitcoin retreats from one-month high as oil tops $85, inflation concerns resurface

BTC retreated from a one-month high as WTI crude topped $85 for the first time since June, reigniting inflation concerns and pushing investors toward gold, silver and the safety of bitcoin over altcoins.

CoinMagnetic

CoinMagnetic Team

Crypto investors since 2017. We trade with our own money and test every exchange ourselves.

Updated: July 2026

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