1208 GMT - Bitcoin falls, staying stuck below the psychologically key $110,000 level. Investors lack enthusiasm about a U.S.-China framework agreement due to a lack of details, Trade Nation's David Morrison says in a note. They are also cautious ahead of U.S. inflation data due at 1230 GMT, which could show tariffs feeding through into higher prices. "Markets showed a clear lack of conviction, preferring to sit on the sidelines until today's U.S. inflation data provides more clarity on rate expectations," Morrison says. Bitcoin only briefly topped $110,000, he says. Bitcoin falls 0.6% to $109,264. The cryptocurrency hit a two-week high of $110,446 on Tuesday, LSEG data show. (jessica.fleetham@wsj.com)
(END) Dow Jones Newswires
June 11, 2025 08:08 ET (12:08 GMT)
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