Bitcoin dropped sharply after a higher-than-expected US PPI print shocked traders.
Key takeaways:
Bitcoin drops below $118,000 after a hot US PPI print fueled inflation concerns.
Federal Reserve interest rate cut odds dropped to 90.5% from 99.8%.
Bitcoin dropped sharply after a higher-than-expected US PPI print shocked traders.
Key takeaways:
Bitcoin drops below $118,000 after a hot US PPI print fueled inflation concerns.
Federal Reserve interest rate cut odds dropped to 90.5% from 99.8%.
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