Bitcoin Sinks Toward $80,000 After Hot CPI. Will Whales Keep What They Added?

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A hotter-than-expected US inflation report knocked Bitcoin (BTC) down 3.3% in 24 hours to $80,979. This drop pushed the price under what US spot ETFs paid on average for their coins. Whales had spent weeks building their balances before the report, reaching levels not seen in nearly a year. With prices now down, the question is whether these large holders will keep their positions or start selling.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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