A post by @DeItaone on X.
BITCOIN FALLS TO 11-WEEK LOW OF $73,588 AFTER U.S. INFLATION DATA - LSEG
@DeItaone on X
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Bitcoin dropped to an 11-week low of $73,588 following the release of U.S. inflation data, according to LSEG pricing cited by Walter Bloomberg. The move extends a recent slide in the largest cryptocurrency, which has come under pressure as traders reassess the interest-rate outlook in response to the inflation print. The decline puts bitcoin at its weakest level in roughly three months, marking a notable pullback from earlier highs. The reaction highlights how sensitive crypto markets remain to U.S. macroeconomic data and Federal Reserve policy expectations. Traders will now watch whether bitcoin can hold above the $73,000 area or whether the inflation-driven selloff deepens across digital assets.
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Bitcoin (BTC), LSEG, Walter Bloomberg
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