Bitcoin price drops to $70k as hot PPI data and Powell speech cast doubts over rate cuts

Bitcoin price erased all of its gains from this week as it crashed to a critical support level amid hotter-than-expected PPI data and Jerome Powell’s Federal Reserve speech that cast a shadow over ...

By · · 1 min read
Bitcoin price drops to $70k as hot PPI data and Powell speech cast doubts over rate cuts

Source: cryptonews.net

Bitcoin price erased all of its gains from this week as it crashed to a critical support level amid hotter-than-expected PPI data and Jerome Powell’s Federal Reserve speech that cast a shadow over any interest rate cuts for this year.SummaryBitcoin fell ...

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