Categories: Bitcoin

Bitcoin Tumbles as Markets Reel, in the Wake of Gloomy Inflation Data



The digital asset’s price saw a precipitous drop early Thursday morning after the U.S. Bureau of Labor Statistics published data revealing record inflation metrics. Inflation Shock Triggers Bitcoin Slump Just seconds after the U.S. Bureau of Labor Statistics (BLS) published its inflation data at 8:30 am on Thursday, bitcoin ( BTC) fell off a cliff. […]



Source link

Joseph Rees

Share
Published by
Joseph Rees

Recent Posts

The wait is almost over: The 2025 Startup Battlefield 200 list drops August 27

Set your alarms. Bookmark this page. Refresh like your future depends on it. After reviewing…

22 minutes ago

Kraken Now Live in 30 European Nations as Regulated Crypto Era Explodes

Kraken now operates seamlessly across all 30 EEA countries, unleashing compliant access to 450+ digital…

23 minutes ago

Is Cardano Crypto Ready For $3 In 27 Days? ADA USD Forms Golden Cross

Cardano crypto is flying higher at press time. After the lull in late July, ADA…

50 minutes ago

Wordle today: The answer and hints for August 15, 2025

Oh hey there! If you're here, it must be time for Wordle. As always, we're…

1 hour ago

Kazakhstan Debuts Central Asia’s First Spot Bitcoin (BTC) ETF

One of the seven countries in this region of Asia has unveiled an impressive accomplishment…

2 hours ago

Why Trump Flip-Flopped on Nvidia Selling H20 Chips to China

The tech industry is reeling from President Trump’s surprising new deal with Nvidia. Earlier this…

2 hours ago