stableBearishDIGITAL ASSETS
Bitcoin drops 6% as inflation data and tech selloff trigger liquidations
2 signals from 2 sources·Updated 9h ago
Momentum
38/100
Affected tickers
BTC
Summary
Bitcoin fell to $75,388 on a combination of higher-than-expected services inflation data and a broader tech stock selloff that forced leveraged position liquidations. The inflation print is cooling expectations for…
Impact
Contributing sources (2)
- Bitcoin price drops over 6% to $75,000 amid tech stock sell-off and liquidations · crypto.news · 2 days ago
- Bitcoin price rally stalls as October services inflation data hits highest level since 2023 · cryptoslate.com · 2 days ago
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