Bitcoin fell to 21-month lows as stock market volatility accompanied three-year highs in US PCE inflation, leading to $600 million in hourly crypto liquidations.
Technical Analysis
Bitcoin dips to $58K amid high US PCE inflation, $600M in hourly crypto liquidations. Stock market volatility continues as trader warns of manipulation.
Reportedly, Bitcoin fell to 21-month lows due to rising US PCE inflation and market volatility, causing significant crypto liquidations.
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