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Markets: Bitcoin, crypto top 10 retreat with equities on signs of inflation uptick in U.S.
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Bitcoin drops 4% as cryptos react to hot inflation data
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
- 2023-02-25
- Nasdaq Composite CoinDesk