Bitcoin drops to $82,000 after US job openings ease but inflation fears rise
Bitcoin registered an intraday low of $82,775.94 on Tuesday. The drop follows new US data showing August job openings eased modestly to 7.1 million, while September consumer confidence fell to 81.9. Consumers' inflation expectations over the next 12 months rose to 6.1% (average) and 5.1% (median), with 68.4% expecting higher interest rates. This split data leaves the path to lower yields uncertain, impacting Bitcoin investors' case for easier financial conditions.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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