Bitcoin Just Fell Below $80,000: What Triggered the Selloff?
Bitcoin’s fall below $80,000 appears to be a continuation of the selling pressure building throughout the week, with a fresh inflation shock today giving traders another reason to sell. Today on October 15, US wholesale inflation came in far hotter than expected. This followed yesterday’s disappointing consumer inflation report, extending fears that the Federal Reserve The post Bitcoin Just Fell Below $80,000: What Triggered the Selloff? appeared first on BeInCrypto.
Key Takeaways
- Bitcoin’s fall below $80,000 appears to be a continuation of the selling pressure building throughout the week, with a fresh inflation shock today giving traders another reason to sell.
- Today on October 15, US wholesale inflation came in far hotter than expected.
- This followed yesterday’s disappointing consumer inflation report, extending fears that the Federal Reserve The post Bitcoin Just Fell Below $80,000: What Triggered the Selloff?
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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