₿ $BTC fell below $77,000 against the background of hot inflation
$BTC lost $1,200 in a short time and is trading at $77,260 - minus 3% per day. The reason is that the producer price index (PPI) data for August were higher than expected.
In an hour after the fall, longs worth more than $190 million were liquidated. The purchase of bonds by the U.S. Treasury for $6 billion could not stop the sell-off.
Trade on Binance
#bitcoin #BTC #trading #Binance
$BTC lost $1,200 in a short time and is trading at $77,260 - minus 3% per day. The reason is that the producer price index (PPI) data for August were higher than expected.
In an hour after the fall, longs worth more than $190 million were liquidated. The purchase of bonds by the U.S. Treasury for $6 billion could not stop the sell-off.
Trade on Binance
#bitcoin #BTC #trading #Binance