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Crypto markets extended gains as investors awaited key US inflation reports and digested new tariffs. Bitcoin hit a new all-time high, while altcoins also surged.
- Bitcoin surged to a new all-time high of $119,750, driving crypto market capitalization to $3.8 trillion.
- June CPI and PPI inflation data this week will be critical for Fed rate decision expectations.
- New US tariffs on the EU and Mexico had minimal immediate impact on crypto markets.
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