TechnologyPhoto: NDTV TechBitcoin Falls Below $81,000 Amid Rising US Inflation Concerns
Bitcoin dropped below $81,000 as US inflation rose to 3.7 percent in September, causing traders to rethink Federal Reserve rate policies. Despite $175.6 million inflows into spot Bitcoin ETFs, higher Treasury yields and mixed global market sentiment pressured prices. Investors closely monitor Federal Reserve statements for indications of future policy changes.
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