Bitcoin Remains Under $100,000 Amid Ongoing Inflation Concerns

Reported about 19 hours ago

As inflation fears persist, Bitcoin continues to trade below $100,000, with recent data showing a 3% rise in U.S. inflation for January. This has dampened hopes for increased quantitative easing, leading investors to avoid risky assets like Bitcoin in favor of safer options. Currently priced at $97,110.19, Bitcoin's performance contrasts with rising values of memecoins and other cryptocurrencies, indicating a shift in investor behavior amid concerns over potential tariffs and economic stability.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis