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Bitcoin (BTC) Price Tumbles Below $59K Amid Inflation Worry, SEC Lawsuit

by SB Crypto Guru News
October 10, 2024
in Bitcoin
Reading Time: 1 min read
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“Hot CPI and oil price spike due to Middle East tensions have created a fear that the Fed will not cut as much as the market previously thought,” Quinn Thompson, founder of hedge fund Lekker Capital, said in a Telegram message. “Mix in [Atlanta Fed President] Bostic’s hawkish comments today regarding a potential pause and that’s the tinder to run the levered traders’ stops.”



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Tags: 59KBitcoinBitcoin NewsBTCCrypto NewsCrypto UpdatesInflationLatest News on CryptolawsuitPriceSB Crypto Guru NewsSECTumblesworry
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