Category: Cryptocurrency news

Bitcoin Tests $81,000 as Rate Hike Fears Linger After Hot Inflation Data

In brief Bitcoin dipped to an intraday low under $81,000, extending losses after hotter-than-expected U.S. inflation data revived bets on a Fed rate hike. HashKey’s Tim Sun said slowing demand from spot ETFs and corporate Bitcoin treasuries explains the stalled rally more than macro factors alone. Algoz’s Stephen Wundke expects Bitcoin to trade between $76,000 […]