Bitcoin drops after hot wholesale inflation data dampen Fed rate cut bets
Main Idea
Bitcoin's price experienced a decline in late morning trading on Thursday, dropping 4.2% to $118.1K.
Key Points
1. Bitcoin (BTC-USD) price gapped down in Thursday late morning trading.
2. The cryptocurrency retreated 4.2% in the last 24 hours.
3. The price reached $118.1K at 11:45.
Description
More on Bitcoin USD Is Bitcoin's Bull Run Nearing A Top? What The Herd Missed At $16,000 And Is Missing Now Bitcoin: The Last Rally Is Loading Bitcoin Rejects The Test Of Its All-Time Highs, Is A Double Top In The Making? Bitcoin touches another high amid risk-on sentiment, ether climbs Ether extends rally toward record amid demand shift; bitcoin ekes out gains
$BTC
$116889.8
-0.69%
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