Dollar slips ahead of US inflation data, bitcoin climbs




The dollar drifted lower in Asia on Thursday as traders waited on U.S. inflation data to see whether bets on as many as five Fed interest rate cuts this year were justified, while weak wages data dragged the yen to a six-week low on the euro.

Bitcoin traded at $46,400, just short of a two-year high, with investors welcoming the much-anticipated U.S. approval of spot bitcoin exchange-traded funds.

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