Source: Crypto.news ↗
Bitcoin price drops 3.6% as hot US PPI fuels Fed rate hike concerns
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What the source reports
Bitcoin has fallen 3.6% over the past 24 hours to around $81,500 as stronger-than-expected U.S. producer inflation has renewed concerns about another Federal Reserve interest rate increase. The U.S. Bureau of Labor Statistics reported on Oct. 15 that September’s producer…
Read the original report on Crypto.news ↗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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