Key Takeaways Bitcoin slid below $77,000 on Thursday following the U.S. Bureau of Labor Statistics’ PPI release. Bitstamp data show a drop to $76,651 as crypto derivative liquidations peaked at $562 million. Polymarket odds for a 25-basis-point Fed rate hike jumped to 63% ahead of the upcoming CPI report. PPI Surprise Sparks Sell-Off Bitcoin’s price slid below $77,000 Thursday after the U.S. Bureau of Labor Statistics released data showing a 0.4% monthly increase in the U.S. Producer Price Index. Though largely expected, the marginal jump in the PPI still sent global markets tumbling as investors received what was potentially the …
Bitcoin
Crypto
The U.S. Securities and Exchange Commission has proposed replacing decades-old transfer agent rules with a framework that would recognize blockchain ledgers as official securities ownership …
Coinbase CEO Brian Armstrong shared his Bitcoin price prediction. He said crypto spot trading may be nearing its next bull market during an August 20 …
