Bitcoin's price fluctuated significantly this week, peaking at $88,474 before dipping back to around $82,480, influenced by inflation concerns and market reactions. Recent data showed a 0.4% increase in the core PCE index, the largest monthly rise in over a year, sparking uncertainty among traders. GameStop announced plans to add cryptocurrencies, including Bitcoin, to its balance sheet, seeking to raise $1.3 billion for this initiative. However, despite initial excitement surrounding the announcement, GameStop's stock price later fell as investors hesitated about the company's debt-financed approach. Meanwhile, Brazil's government hinted at the potential creation of a Bitcoin reserve, which could reflect a growing interest in cryptocurrency investment among nation-states. Amidst these developments, Bitcoin mining interests were highlighted at the Mining Disrupt conference, where industry leaders discussed the challenges and opportunities facing miners in a competitive landscape.

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