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Bitcoin drops 4% as cryptos react to hot inflation data
linkweb3
2023-02-25
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Summary：Bitcoin (BTCUSD) fell sharply on Friday afternoon, and remains down around 4% over the last 24 hours, trading at $23,026, according to CoinDesk data. Other big cryptos were also down, including ether (ETHE) which was off 3.54% in the last 24 hours and trading at $1,595.06, and dogecoin, down 4.66% in the last 24 hours, both according to CoinDesk data. Cryptocurrencies are following the same pattern as the U.S. equities market, after inflation data showed that more interest rates hikes coul
Bitcoin (BTCUSD) fell sharply on Friday afternoon, and remains down around 4% over the last 24 hours, trading at $23,026, according to CoinDesk data. Other big cryptos were also down, including ether (ETHE) which was off 3.54% in the last 24 hours and trading at $1,595.06, and dogecoin, down 4.66% in the last 24 hours, both according to CoinDesk data. Cryptocurrencies are following the same pattern as the U.S. equities market, after inflation data showed that more interest rates hikes could be coming.
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