Bitcoin price drops to $70k as hot PPI data and Powell speech cast doubts over rate cuts

23 hours ago 7

Bitcoin price erased all of its gains from this week as it crashed to a critical support level amid hotter-than-expected PPI data and Jerome Powell’s Federal Reserve speech that cast a shadow over any interest rate cuts for this year.…

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Bitcoin price drops to $70k as hot PPI data and Powell speech cast doubts over rate cuts

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