Crypto Market Plunges as US Inflation Fuels FED Rate Hike Fears – What’s Next for Bitcoin Price Rally?

The post Crypto Market Plunges as US Inflation Fuels FED Rate Hike Fears – What’s Next for Bitcoin Price Rally? appeared first on Coinpedia Fintech News

The crypto market has faced renewed selling pressure recently, with Bitcoin’s price sliding below $73,000 and major altcoins also extending their losses. Selling pressure has also intensified in derivative markets, with more than $723 million liquidated in the past 24 hours. Meanwhile, continued withdrawals from spot Bitcoin ETFs have added to concerns over institutional demand.  …