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COINDESK: BITCOIN, ETHEREUM, CRYPTO NEWS AND PRICE DATA · CRYPTO ·

Live markets: Bitcoin holds above $61,000 as U.S. PCE inflation comes in as expected

As reported by CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
A liquidation flush took bitcoin to its lowest since early June before Micron's blowout earnings and SK Hynix's U.S. listing plans steadied the AI trade that crypto had been sliding alongside.
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Bitcoin dipped to its lowest point since early June due to a liquidation flush, briefly falling below $61,000. However, strong earnings from Micron and SK Hynix's U.S. listing plans provided stability, helping the cryptocurrency recover. The market also reacted to the expected…

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Market Samachar is a news aggregator. This article was originally published by CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data. Tap the button above to read the full story on their site.

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