Source: CryptoSlate ↗
Bitcoin plunges to $81,300 support as Fed hike odds hit 55% amid $100 million crypto wipeout
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What the source reports
Bitcoin fell below $83,000 on Wednesday as hotter-than-expected US core inflation data revived expectations of further Federal Reserve interest rate hikes, triggering a fresh wave of liquidations across the cryptocurrency market. CoinGlass data showed that over $100 million in leveraged positions were liquidated in the hour after the inflation report was released. This also pushed… Read the full s...
Read the original report on CryptoSlate ↗Live market context
Market figures are live reference data, not evidence that this report caused a price movement. Not financial advice.
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