Tag: Inflation Data

  • Bitcoin Rally Stumbles as Inflation Data Triggers Market Sell-Off

    Bitcoin Rally Stumbles as Inflation Data Triggers Market Sell-Off

    Bitcoin’s remarkable surge to fresh record highs ended abruptly on Thursday, sending ripples through the crypto market. The world’s largest digital asset had surged past $124,000 for the first time earlier this week, igniting optimism among traders. However, the bullish momentum was halted following the release of unexpectedly high US wholesale inflation figures, which dented…