🇺🇸 Bitcoin falls to a monthly low amid hot inflation data and hawkish comments: Weekly crypto roundup
- Bitcoin faced significant selling pressure, falling from $86,600 to below $80,000 amid easing inflation data and market volatility.
- The crypto market saw Bitcoin decline 1% for the week, while some altcoins, such as NEAR, rose nearly 10%.
- Fed Chair Kevin Warsh’s speech offered no clear signs of future rate hikes, contributing to market uncertainty.
Source: CryptoPotato
🌍 Updated by GemCrypto
$BTC
#Bitcoin #Crypto
- Bitcoin faced significant selling pressure, falling from $86,600 to below $80,000 amid easing inflation data and market volatility.
- The crypto market saw Bitcoin decline 1% for the week, while some altcoins, such as NEAR, rose nearly 10%.
- Fed Chair Kevin Warsh’s speech offered no clear signs of future rate hikes, contributing to market uncertainty.
Source: CryptoPotato
🌍 Updated by GemCrypto
$BTC
#Bitcoin #Crypto