$BTC
#CPIWatch #OracleJumpsOver6%OnEarningsBeat #TencentBackedEnflameToStartTradingAfter$911MIPO Bitcoin drops to $77.1K amid U.S.-Iran tensions and anticipation of inflation data
- Bitcoin fell on Friday as tensions escalated between the United States and Iran, prompting traders to take a cautious approach toward high-risk assets, along with prevailing caution ahead of the release of key U.S. inflation data.
The world’s largest cryptocurrency dropped by 1.7% to $77,197.60 by 8:51 a.m., and also fell 3% this week—marking a break after three straight weeks of gains.
Broader crypto prices also declined, as fears of a conflict with Iran and U.S. interest-rate expectations sparked a wave of profit-taking after a strong rise in the sector at the start of September.
#CPIWatch #OracleJumpsOver6%OnEarningsBeat #TencentBackedEnflameToStartTradingAfter$911MIPO Bitcoin drops to $77.1K amid U.S.-Iran tensions and anticipation of inflation data
- Bitcoin fell on Friday as tensions escalated between the United States and Iran, prompting traders to take a cautious approach toward high-risk assets, along with prevailing caution ahead of the release of key U.S. inflation data.
The world’s largest cryptocurrency dropped by 1.7% to $77,197.60 by 8:51 a.m., and also fell 3% this week—marking a break after three straight weeks of gains.
Broader crypto prices also declined, as fears of a conflict with Iran and U.S. interest-rate expectations sparked a wave of profit-taking after a strong rise in the sector at the start of September.
