Why is Bitcoin down today? Check the double blow: inflation, liquidations

· seekingalpha.com

Bitcoin falls 2.51% to about $73,386 as October CPI tops estimates, lifting Treasury yields and markets’ odds of a 25-basis-point Fed hike to 88.7%.

The Bitcoin (BTC-USD) price fell ~2.51% to ~$73,386 at the time of writing on Tuesday, with 24-hour trading volume reaching $26.81B.

The decline extended its l...


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