Bitcoin Hits Multi-Year Low Amid Inflation Concerns and Crypto Market Sell-Off
On June 25, Bitcoin fell to a multi-year low as the Personal Consumption Expenditures (PCE) index rose unexpectedly, fueling fears of higher interest rates. The broader crypto market saw significant losses with over $898 million in liquidations reported.
Topics: Bitcoin ETF outflows Ethereum Federal Reserve rates PCE inflation data Solana