Bitcoin's price falls below $68,000 amid concerns over US inflation data, triggering a broader market retreat. Ethereum, Solana, Dogecoin, and XRP also register losses. Market witnesses liquidation of $70 million in the past hour, primarily in long positions.
September inflation in the United States was 3.7%, a slight drop from the previous year.
Core PCE index increases by 0.3% month-over-month, in line with economist expectations.
The stable overall inflation rate was influenced by a surge in energy prices.
Consumer spending in...