✉news BusinessCrypto first seen 5 d ago, last 5 d ago, peak #5
Bitcoin slides towards $81,000 as hot US inflation triggers crypto sell-off
Original: On the Chain: Bitcoin slides towards US$81,000 as hot US inflation sparks fresh crypto sell-off
Bitcoin has fallen towards US$81,000, with a fresh sell-off across cryptocurrency markets attributed to hotter-than-expected US inflation data. Investors appear to be pricing in a slower path for interest rate cuts, pulling money out of riskier assets including digital currencies. Commentators are watching whether further inflation surprises could deepen the decline or whether buyers step in at these levels.
Why now: Hot US inflation figures have triggered a broad sell-off in crypto, moving Bitcoin sharply lower and drawing investor attention.
BitcoinUS Federal Reservecryptocurrency markets
Rank over time, top of the chart is #1. 4 snapshots from 5 d ago to 5 d ago.
Evidence
- On the Chain: Bitcoin slides towards US$81,000 as hot US inflation sparks fresh crypto sell-off · Yahoo Finance Australia
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