Bitcoin slips near $64,000 after failing to hold $65,000 for a fourth day, with Ether and XRP leading crypto losses amid renewed inflation worries from oil rally
Bitcoin fell over 1% on Tuesday, trading near $64,000, while Ether dropped over 2% to $1,878 and XRP declined almost 2% to $1.01. The broader crypto market saw losses as a rally in Brent crude to $87.73 a barrel, following a 5% jump on Monday, revived inflation concerns ahead of Wednesday's U.S. price data. Traders are now eyeing $70,000 as the next key level for Bitcoin, with the crypto sentiment index remaining in the "fear zone" at 30.
Source:CoinDesk · Source Link
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