Bitcoin Price Prediction as US Consumer Inflation Surges

Quick Summary:

Bitcoin price crashed for the fourth straight days as investors reflected on the latest American consumer inflation data.

The BTC/USD pair tumbled to a low of 29,600, which was the lowest level since June 7th.

It has fallen by more than 57% from the highest level in November last year.

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Article Details

Author / Journalist: Crispus Nyaga

Category: CryptoTechnology

Markets: Canada

Topics: Prices Inflation Year Level Been Bitcoin Months Rose Price Days Bearish

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-24 @ 20:49:06 (7 months ago)

News Timezone: GMT +8:00

Ranking: #554 (out of 902 stories this day)

News Source URL: banklesstimes.com

Language: English

Article Length: 492 words

Reading Time: 3 minutes read

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bankless Times

News ID: 14647

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About Bankless Times

Main Topics: CryptoTechnology

Official Website: banklesstimes.com

Update Frequency: 1 posts per day

Year Established: 2011

Headquarters: Canada

News Last Updated: 1 hours ago

Coverage Areas: Canada

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #29

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