Breaking: Bitcoin Drops Under $78K As US PCE Inflation Comes Hotter Than Expected
Bitcoin
Bitcoin declined below $78,000 on Wednesday following the latest U.S. Personal Consumption Expenditures (PCE) inflation report that revealed price pressures were higher than expected. The shift followed BTC's breaching of the $80,000 level earlier in the day, adding to the volatility that dominated the markets prior to a key U.S. economic release.
BTC
Disclaimer: This content is provided via CryptoNews and third-party sources. Tothemoon does not create, verify, or endorse this content and makes no guarantees as to its accuracy. The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. It is provided for informational purposes only and is not investment advice.