Bitcoin slips as Fed rate uncertainty weighs; Kospi drops 8%

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Bitcoin declined as investors grew uneasy about the Federal Reserve's interest rate path. Following Wednesday's inflation report, market bets on an October Fed rate hike briefly climbed to nearly 50%. Those expectations have since eased back. The article also notes an 8% plunge in South Korea's Kospi index. The report provides no further detail on the specific drivers behind the Kospi decline.

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