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Bitcoin Struggles at $57K Amid Broader Market Volatility

XRP emerges as the sole major gainer, while JPMorgan predicts a potential rebound for Bitcoin in August.

  • Bitcoin remains stuck around $57,000 despite positive U.S. inflation data.
  • XRP gains 5% following favorable developments and new indices debut.
  • German state of Saxony's Bitcoin sales contribute to current price pressures.
  • JPMorgan analysts foresee a Bitcoin price recovery next month.
  • SEC's potential policy shift could impact broader crypto market dynamics.
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