Cointelegraph••1 min read
Bitcoin drops to $58K on high US PCE inflation as trader sees 'manipulation'
The Arch TakeBearish
Bitcoin fell to 21-month lows as stock market volatility accompanied three-year highs in US PCE inflation, leading to $600 million in hourly crypto liquidations.
📱
Never miss a Web3 update
Join our Telegram channel to receive news in real-time, straight to your phone.
Related News
MegaETH sunsets Mega Mafia accelerator program, noting ‘most’ of its successful apps left
The Block•2h ago
Injective files for SEC transfer agent registration to bring securities ownership records onchain
Cointelegraph•3h ago
JPMorgan says bitcoin outlook sees ‘encouraging sign’ as Strategy boosts cash reserves
The Block•3h ago
Ethereum Researcher Francesco D'Amato Departs EF for Ethlabs
Bankless •4h ago