Bitcoin arguably stands to benefit from macro data upheaval as US CPI and jobless data diverges in a “nightmare” for the Federal Reserve.
Bitcoin Price news
The recent 50 basis-point interest rate cut by the US Federal Reserve has had a mixed impact on crypto markets.
The crypto market is down today as a disappointing US CPI print and decline in trading volumes fuel the crypto market’s sell-off.
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Bitcoin derivatives metrics shifted as BTC price fell under $59,000. Are lower prices incoming?