Bitcoin (BTC) hit multi-day lows into Aug. 10 as crypto traders braced for impact with fresh United States inflation data.
Trader: Market “could get ugly” if CPI keeps rising
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping to $22,668 on Bitstamp at the most recent daily close — its lowest since Aug. 5.
Bullish momentum had evaporated during the day prior, and the mood among traders was firmly risk-off as…
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