Crypto and Global Markets Plunge as Hot US Inflation Revives Fed Fears – What’s Next?

The post Crypto and Global Markets Plunge as Hot US Inflation Revives Fed Fears – What’s Next? appeared first on Coinpedia Fintech News

Bitcoin, the broader crypto market, and global markets faced selling pressure as US inflation came in hotter than expected. Concerns over the Fed’s interest rate outlook dragged BTC’s price near $80,200, while Ethereum and several major altcoins posted steeper losses as investors pulled back from risk-sensitive assets. The downturn also extended across global equities, with …