Crypto Daily Scoop

Bitcoin dips below $70K amid cooler US PPI print

Despite a less-than-enthusiastic response from the market to the October US PPI data, Bitcoin saw a dip of roughly 4% during the trading period.

CoinTelegraph

This downturn occurred as stock prices experienced a decline, even with the release of the US PPI figure, which registered lower than analysts had anticipated.

Earlier coverage

#bitcoin

Read the original ↗

Related coverage

Next on the wire

  1. JPMorgan Crypto Holdings Near $1 Billion in Q3 13F Filing

  2. Fed Chair Warsh probes AI inflation, Bitcoin outlook may shift

  3. Metaplanet reports $170M loss from Bitcoin sale, costs

  4. Bitcoin Sinks to 12-Week Low Amid Fed Rate Hike Fears

  5. Bitcoin falls sixth week as Anthropic IPO looms