Federal Reserve

DC comic illustration of a massive golden Bitcoin symbol cracking through stone with lightning bolts and falling price charts in the background.

Bitcoin Slides to Multi-Year Low Below $59,000 as Fed Inflation Data Rattles Crypto Markets

Bitcoin has slid to a multi-year low, breaking below the $59,000 mark in early Asian trading as hotter-than-expected US inflation data rekindled fears that the Federal Reserve will hold interest rates higher for longer than cryptocurrency investors had been pricing in. The move extends one of the steepest stretches of selling the digital asset has

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