Bitcoin Falls Toward $81,000 as US Inflation Revives Rate Concerns
Bitcoin fell toward $81,000 on Thursday, October 15, while Ethereum, XRP and Solana also traded lower amid selling pressure and liquidations. The report links the decline to higher-than-expected US inflation and concerns that interest rates will stay elevated longer.
Bitcoin moved lower toward $81,000 on Thursday, October 15, after US inflation came in higher than expected, renewing concerns that interest rates could remain elevated for longer. Losses spread to other major cryptocurrencies, including Ethereum, XRP and Solana, which were also trading down amid selling pressure and liquidations in…