Bitcoin quickly dropped under $71,000 after the U.S. Bureau of Labor Statistics reported higher-than-expected wholesale inflation, inflicting vital market turbulence. Macro Pressures: PPI vs. Geopolitics Bitcoin momentarily slipped under the $71,000 threshold on Wednesday after the U.S. Bureau of Labor Statistics (BLS) launched information exhibiting wholesale inflation got here in considerably hotter than anticipated throughout all […]
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From $76K to $71K: Is Bitcoin Shedding Its ‘Secure Haven’ Standing to Macro Actuality?
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