BTC falls under pressure from the Fed 📉
PPI inflation at +6.3% pushed the odds of a Fed rate hike to 49%. BTC fell from $84K to $82,465 and tested the $80K zone. $973M was liquidated in 24h, with 92% of positions being long.
#Bitcoin #BTC #Fed #CryptoNews #Trading #Binance #MarketUpdate
PPI inflation at +6.3% pushed the odds of a Fed rate hike to 49%. BTC fell from $84K to $82,465 and tested the $80K zone. $973M was liquidated in 24h, with 92% of positions being long.
#Bitcoin #BTC #Fed #CryptoNews #Trading #Binance #MarketUpdate