CryptoDecryptabout 1 hour ago
Bitcoin Falls as Hot Inflation Fuels Rate Hike Fears
4 min read
U.S. consumer prices rose 0.4% in October against expectations of 0.3%, causing Bitcoin to briefly fall to around $73,525. Approximately $178 million in leveraged crypto long positions were liquidated within an hour as traders feared a 50-basis-point December rate hike.
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