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Bitcoin

$562M Liquidation Surge Hits Crypto Market After PPI Inflation Jump

Josh1 min read

Liquidations chartBitcoin slid below $77,000 to a daily low of $76,651 following a hotter-than-expected 0.4% monthly rise in the U.S. Producer Price Index. PPI Surprise Sparks Sell-Off Bitcoin’s price slid below $77,000 Thursday after the U.S. Bureau of Labor Statistics released data showing a 0.4% monthly increase in the U.S. Producer Price Index. Though largely expected, […]

Source: https://news.bitcoin.com/market-updates/562m-liquidation-surge-hits-crypto-market-after-ppi-inflation-jump/

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