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Bitcoin Remains Stable Despite Positive Economic Data and Nvidia's Growth in AI

Bitcoin maintained its stability around $26.5K despite positive job and productivity data, while Ethereum's price remained steady just above $1,800. The US economy grew by 1.3% in the third quarter, but equity markets remained stagnant, with major cryptos showing mixed results. Nvidia's focus has shifted to AI as its revenue from GPUs for gamers has been declining rapidly. The debt limit of Bitcoin is currently in a holding pattern, and crypto investors are closely monitoring negotiations about the US debt ceiling.

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