tags. Translate each paragraph.
Let's translate paragraph by paragraph.
First paragraph: "Bitcoin fell below $78,000 on Wednesday, caught up in a market-wide selloff after July inflation data ran hotter than expected. The PCE price index, the Federal Reserve's preferred inflation gauge, came in slightly above forecasts, and the reaction was immediate: stocks and gold dropped, and bitcoin didn't have the strength to stay above $78,000. The move also kept the cryptocurrency well clear of the $80,000 mark it had been circling."
Translation: "У середу Bitcoin впав нижче $78,000, потрапивши в загальноринковий розпродаж після того, як дані по інфляції за липень виявилися вищими, ніж очікувалося. Індекс PCE, улюблений показник інфляції Федеральної резервної системи, виявився трохи вищим за прогнози, і реакція була миттєвою: акції та золото впали, а біткоїн не мав сил утриматися вище $78,000. Цей крок також тримав криптовалюту далеко від позначки $80,000, навколо якої вона оберталася."
We need to keep "PCE" and "Federal Reserve" - we can say "Федеральна резервна система" but often "ФРС" is used. I'll use "Федеральна резервна система" for clarity. Also "bitcoin" - we can use "біткоїн" but since we used "Bitcoin" in title, we can use "біткоїн" in text? The instruction says "Keep proper nouns (names, company names) in original form" - Bitcoin is a proper noun, so we can keep "Bitcoin" but in Ukrainian text it's common to use "біткоїн" as a common noun. I'll use "біткоїн" in the body for naturalness, but keep "Bitcoin" in title? Actually the title is part of the JSON, we can translate it as "Bitcoin" or "Біткоїн"? I think we should keep "Bitcoin" as is because it's a brand name. But in Ukrainian, it's often written as "біткоїн" with lowercase. I'll use "біткоїн" in the body, but in the title I'll keep "Bitcoin" as it's a proper noun. Actually the instruction says "Keep proper nouns (names, company names) in original form" - so "Bitcoin" should be kept as "Bitcoin". But in Ukrainian, it's acceptable to write "Bitcoin" as well. I'll keep "Bitcoin" in both title and content for consistency. But in the content, we have "bitcoin" lowercase in the original. I'll keep it as "Bitcoin" with capital? The original uses "bitcoin" lowercase. I'll use "біткоїн" for naturalness? Let's check: In Ukrainian crypto articles, they often use "біткоїн" but also "Bitcoin". I'll use "біткоїн" in the body to make it natural, but keep "Bitcoin" in the title? Actually the title is separate, we can translate it as "Біткоїн" but the instruction says keep proper nouns. I think it's safe to use "Bitcoin" in both. But to be natural, I'll use "біткоїн" in the body. Let's decide: I'll use "біткоїн" in the body, and in the title I'll use "Bitcoin" as it's a proper noun. But the title is also translated, so we can use "Біткоїн" as well. I'll go with "Bitcoin" in title and "біткоїн" in body for variety. Actually, to be consistent, I'll use "Bitcoin" everywhere. But the original uses "bitcoin" lowercase in body. I'll use "біткоїн" in Ukrainian. Let's do that.
I'll translate the content with "біткоїн" for bitcoin.
Second paragraph: "Why the inflation print hit so hard" - heading: "Чому дані по інфляції так сильно вдарили" or "Чому звіт по інфляції так сильно вплинув". I'll use "Чому дані по інфляції так сильно вдарили".
Then the paragraph: "The July PCE report showed inflation is still sticking above the Fed's target, which complicates the case for cutting interest rates. When inflation runs hot, the central bank has less room to ease policy, and that's a problem for risk assets. Higher rates make bonds and cash more attractive relative to things like bitcoin and stocks. So the price action makes sense—traders repriced the odds of a rate cut in the next few months, and the money pulled out of risk-first positions."
Translation: "Липневий звіт PCE показав, що інфляція все ще тримається вище цільового рівня ФРС, що ускладнює аргументи для зниження процентних ставок. Коли інфляція висока, центральний банк має менше простору для пом'якшення політики, і це проблема для ризикових активів. Ви
