Inflation fears are hitting crypto markets hard.
• BTC fell 5.7% while ETH dropped over 10% after hotter than expected US inflation data.
• Markets are now pricing in possible Fed hikes, with nearly $1B exiting Bitcoin ETFs.
#ETFs #SenateCurbsIranWarPowersBTCBounces $BTC
• BTC fell 5.7% while ETH dropped over 10% after hotter than expected US inflation data.
• Markets are now pricing in possible Fed hikes, with nearly $1B exiting Bitcoin ETFs.
#ETFs #SenateCurbsIranWarPowersBTCBounces $BTC