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RegulationGlobal · India

Bitcoin Price Slips as Saylor’s Bull Market Call Meets Reality

News.Bitcoin.com
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Bitcoin Price Slips as Saylor’s Bull Market Call Meets Reality

Bitcoin’s price tapped an intraday low of $81,500 per coin on Wednesday, Oct. 14, as hotter-than-expected U.S. inflation data rattled financial markets and triggered a wave of leveraged liquidations. Roughly $331 million in cryptocurrency positions vanished over 24 hours, with bullish traders absorbing most of the damage. The sell-off offered an awkward counterpoint to Strategy […]

Key Takeaways

  1. Bitcoin’s price tapped an intraday low of $81,500 per coin on Wednesday, Oct.
  2. 14, as hotter-than-expected U.S.
  3. inflation data rattled financial markets and triggered a wave of leveraged liquidations.
Read Full Article on News.Bitcoin.com

Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.