✉news BusinessCrypto first seen 21 h ago, last 20 h ago, peak #10
Bitcoin Falls to $81K After Hot US Inflation Data
Original: Bitcoin Falls To $81K After Hotter-Than-Expected US Inflation Breaks BTC Below Tight Trading Range
Bitcoin dropped to around $81,000 after US inflation figures came in hotter than expected, breaking the cryptocurrency out of a tight trading range. The stronger-than-anticipated data weighed on risk assets broadly, and the selloff has renewed debate over how sensitive bitcoin is to interest rate expectations and macroeconomic news.
Why now: Hotter-than-expected US inflation data triggered a sharp bitcoin selloff, alarming crypto investors.
Rank over time, top of the chart is #1. 2 snapshots from 21 h ago to 20 h ago.
Evidence
- Bitcoin Falls To $81K After Hotter-Than-Expected US Inflation Breaks BTC Below Tight Trading Range · Stocktwits
- Bitcoin Falls To $81K After Hotter-Than-Expected US Inflation Breaks BTC Below Tight Trading Range · Yahoo Finance
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