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Bitcoin falls on inflation fears — here’s why it could slip 10% lower
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fnlondon.comBitcoin prices fell Tuesday after data showed US inflation rose more than expected in August—giving traders their latest hint that the Federal Reserve will continue to tighten financial conditions in a way that could hurt digital assets.
The price of bitcoin has dropped 4% over the past 24 hours to $21,500, having previously traded in the green around $22,400 before the release of the US consumer-price index (CPI) for August.
The...
Read more on fnlondon.comAbout this in other media
Why the Bitcoin Price is Dumping and Could it Get Worse cryptonews.com /2 years ago
Here is why a 0.75% Fed rate hike could be bullish for Bitcoin and altcoins cointelegraph.com /2 years ago
STEPN GMT’s Price Falls While Chronoly.io (CRNO) Soars to a New High cryptonews.com /2 years ago
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