Four-Year Highs In US PPI Data Cost Bitcoin the $80,000 Mark
Bitcoin (BTC) fell below $80,000 into Wednesday’s Wall Street open as US inflation data continued to alarm. Key points: Bitcoin price action sees fresh downside pressure thanks to US PPI inflation reaching its highest since 2022. Odds of further financial tightening by the Federal Reserve increased in a headwind for crypto. BTC price analysis sees...
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