Bitcoin triggers $1.48B liquidation wave after PCE inflation fuels rate fearsBitcoin triggers $1.48B liquidation wave after PCE inflation fuels rate fearsBitcoin triggers $1.48B liquidation wave after PCE inflation fuels rate fears
Bitcoin’s drop below $60,000 has triggered nearly $1.48 billion in crypto liquidations after fresh U.S. inflation data reinforced expectations that interest rates could remain higher for longer. According to data from crypto.news, Bitcoin (BTC) fell 3.3% to an intraday low…