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Bitcoin drops to $58K on high US PCE inflation as trader sees 'manipulation'

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Bitcoin drops to $58K on high US PCE inflation as trader sees 'manipulation'

Bitcoin fell to 21-month lows as stock market volatility accompanied three-year highs in US PCE inflation, leading to $600 million in hourly crypto liquidations.

Bitcoin drops to $58K on high US PCE inflation as trader sees 'manipulation'

Source：Cointelegraph

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Source：https://cointelegraph.com/markets/bitcoin-drops-to-58-on-pce-highs