✉news BusinessCrypto first seen 3 d ago, last 3 d ago, peak #7
Bitcoin Slides Toward $80,000 After Hot Inflation Data
Original: BTC/USD: Bitcoin Falls Toward $80,000 as Inflation Print Scares Risk Traders
Bitcoin is falling toward the $80,000 level as a new US inflation reading rattles risk traders. The hotter-than-hoped print has investors pulling back from riskier assets, with cryptocurrencies among the biggest casualties as expectations for near-term interest rate cuts weaken.
Why now: The fresh inflation figures have dampened risk appetite, prompting traders to sell off crypto positions.
Rank over time, top of the chart is #1. 4 snapshots from 3 d ago to 3 d ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/2340551