$BTC
#CPIWatch Yesterday’s CPI news had a negative impact on the crypto market. Since inflation came in higher than expected, traders became worried that the Fed might keep interest rates high for longer. This put pressure on Bitcoin and other major cryptocurrencies, including Ethereum and Solana. Bitcoin dropped below $82,000, and many altcoins also saw a decline. The market remained under selling pressure, with liquidations adding to the volatility. However, the market could still recover depending on how traders react to upcoming economic news and changes in interest rate expectations.
#CPIWatch Yesterday’s CPI news had a negative impact on the crypto market. Since inflation came in higher than expected, traders became worried that the Fed might keep interest rates high for longer. This put pressure on Bitcoin and other major cryptocurrencies, including Ethereum and Solana. Bitcoin dropped below $82,000, and many altcoins also saw a decline. The market remained under selling pressure, with liquidations adding to the volatility. However, the market could still recover depending on how traders react to upcoming economic news and changes in interest rate expectations.