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Add as a preferred source on GoogleBitcoin Holds Near $82,600 After Inflation Data Exceeds Expectations
Bitcoin was down about 1%. Bitwise Chief Investment Officer Matt Hougan said he had expected crypto prices to fall 3% to 5%.
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Bitcoin (BTC) remained near $82,600, down about 1% after U.S. inflation data exceeded expectations, while Bitwise Chief Investment Officer Matt Hougan said he had expected crypto prices to fall 3% to 5%.\n\nHougan described Bitcoin’s performance as impressive and resilient. His expected decline applied to crypto prices broadly; the reported Bitcoin move was about 1%.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.