🚨 BITCOIN DROPS BELOW $70,000 AS INFLATION FEARS RATTLE MARKETS!
Bitcoin fell below the $70K level after hotter-than-expected U.S. inflation data pushed markets to price in a higher chance of a December rate hike.
Expectations shifted toward a potential 25–50 basis point increase, putting additional pressure on risk assets, including $BTC .
📉 Rising rate expectations are adding fresh downside pressure to an already struggling crypto market
Bitcoin fell below the $70K level after hotter-than-expected U.S. inflation data pushed markets to price in a higher chance of a December rate hike.
Expectations shifted toward a potential 25–50 basis point increase, putting additional pressure on risk assets, including $BTC .
📉 Rising rate expectations are adding fresh downside pressure to an already struggling crypto market
