Bitcoin Slips Below $81,000 as Hot US Inflation Revives Fed Rate Concerns

T2Covered by 1 source · first reported by Gadgets360 (NDTV) via FeedBurner at 15 Oct, 08:08 UTC

Bitcoin faces renewed pressure after US inflation accelerated to 3.7 percent in September, prompting traders to reassess the Federal Reserve’s rate outlook. Spot Bitcoin ETFs recorded $175.6 million in inflows, but rising Treasury yields and mixed global market sentiment continue to weigh on…

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Sources

• T2Bitcoin Slips Below $81,000 as Hot US Inflation Revives Fed Rate ConcernsGadgets360 (NDTV) via FeedBurner15 Oct, 08:08