Bitcoin (BTC) Value Tumbles Beneath $59K Amid Inflation Fear, SEC Lawsuit

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“Sizzling CPI and oil worth spike because of Center East tensions have created a concern that the Fed is not going to lower as a lot because the market beforehand thought,” Quinn Thompson, founding father of hedge fund Lekker Capital, mentioned in a Telegram message. “Combine in [Atlanta Fed President] Bostic’s hawkish feedback right this moment relating to a possible pause and that is the tinder to run the levered merchants’ stops.”



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