Bitcoin dropped below the $26,000 level on Thursday, as bearish pressure intensified in cryptocurrency markets.
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First Mover Americas: Bitcoin Dips Below $27K After Hot UK Inflation ReportBitcoin slid under the $27,000 level early Wednesday, leading a broad decline in major cryptocurrencies as markets reacted to poor U.K. inflation figures. LedesmaLyllah writes in First Mover Americas
Bitcoin Below $27K as UK Core CPI Hits Highest Since 1992Bitcoin slid under the $27,000 level as traders react to U.K. inflation figures. The hotter-than-expected U.K. core Consumer Prices Index (CPI) rate came in at 6.8% – the highest since 1992 – against an expected figure was 6.2%. Glen Goodman, author of ‘The Crypto Trader’, joins ‘First Mover’ with his crypto markets analysis.
Bitcoin’s Doldrums Below $26.5K Endure as Investors Weigh Debt Ceiling Stalemate, Latest FOMC MinutesBitcoin remained under $26.5K, where it dipped early Wednesday following discouraging UK inflation data. Investors weighed the US debt ceiling impasse and FOMC minutes from earlier this month. JPRubin23 writes
