Eric Liboiron La Presse

Bitcoin Sells Off 3%; Is Macro Risk Returning to Market?

After about a 70% rise in 2024 to a new record high just shy of $74,000, bitcoin was surely vulnerable to a correction and it could be that the inflation, interest rate and dollar news has given traders an excuse to lighten up. After touching $73,800 earlier Thursday morning, bitcoin slid to as low as $70,650 after the economic data. At press time it was trading at $70,900 down more than 3% over the past 24 hours. The broader CoinDesk 20 Index was lower by just 1.7%, with gains in Solana and Dogecoin helping that gauge’s outperformance.


Share this post :


Leave a Reply

Your email address will not be published. Required fields are marked *

Create a new perspective on life

Your Ads Here (365 x 270 area)
Latest News

Subscribe our newsletter

Purus ut praesent facilisi dictumst sollicitudin cubilia ridiculus.