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US PMI Drop Puts Pressure on Bitcoin and Crypto Market Amid Cooling Business Activity /
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2024-06-25 07:00:53

US PMI Drop Puts Pressure on Bitcoin and Crypto Market Amid Cooling Business Activity on Nostr: Bitcoin's Price Drops to $61,000 Amid Regulatory Jitters and Inflation Angst ...

Bitcoin's Price Drops to $61,000 Amid Regulatory Jitters and Inflation Angst
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#4b5de303 ver:0.84

Bitcoin's price drops to $61,000 amid regulatory jitters and inflation angst. Federal Reserve's cautious stance and macroeconomic indicators influence market sentiment. Traders remain cautious due to rate cut cues and softer inflation. Bitcoin stabilizes around $67,500, but volatility expected to continue. Economic indicators and interest rates impact cryptocurrency market. German government's Bitcoin sale and CFTC investigation contribute to decline. Altcoins rebound, Ethereum rises. Crypto investment products experience outflows. PCE price index data to provide more insight. #Bitcoin #regulation #inflation #cryptocurrency...

#newstr #Bitcoin #Cryptocurrency #Regulation #Inflation #CapitalOutflows #Altcoins #Ethereum

https://here.news/story/4b5de303?ver=0.84
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