BNB$712.58+0.07%BRENT$104.67-2.75%BTC$76,953+0.10%COPPER$6.44-0.35%DJI$52,064-0.60%DOGE$0.0835+0.31%DXY99.17+0.13%ETH$2,453-0.16%GOLD$4,328+0.25%NDX$29,104-1.08%SILVER$63.9+0.56%SOL$99.24+0.35%SPX$7,592-0.58%US10Y4.94+2.21%VIX17.09+3.83%BNB$712.58+0.07%BRENT$104.67-2.75%BTC$76,953+0.10%COPPER$6.44-0.35%DJI$52,064-0.60%DOGE$0.0835+0.31%DXY99.17+0.13%ETH$2,453-0.16%GOLD$4,328+0.25%NDX$29,104-1.08%SILVER$63.9+0.56%SOL$99.24+0.35%SPX$7,592-0.58%US10Y4.94+2.21%VIX17.09+3.83%
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·Confidence 85%·Breaking

Bitcoin Drops to $77,000 Amid Rising Inflation Concerns

HOTBTC ↓ Strong

Key takeaways

  • BTC: BTC — Strong bearish
  • Bitcoin has declined to $77,000 as inflation data raises the odds of an interest rate hike to nearly 70%, impacting major cryptocurrencies.
#Bitcoin#CPI#Cryptocurrency#Market Update

Analysis

Bitcoin has declined to $77,000 as inflation data raises the odds of an interest rate hike to nearly 70%, impacting major cryptocurrencies.

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