Bitcoin Hits 3-Month Low
Bitcoin fell to a three-month low, dropping as much as 3% to $73,100, as hotter-than-expected US inflation and expectations of further interest rate hikes weighed on demand for riskier assets. The decline brings its losses this year to around 17%.
Bitcoin fell to a three-month low, dropping as much as 3% to $73,100, as hotter-than-expected US inflation and expectations of further interest rate hikes weighed on demand for riskier assets. The decline brings its losses this year to around 17%.