Bitcoin Dumps to Monthly Lows on Hot Inflation Data and Warsh Comments
- —BTC dropped below $80,000 for the first time in a month after hot CPI and PPI data
- —Bitcoin lost about 1% for the week, trading near $81,430
- —XRP fell 3.4% to $1.32, with SOL and HYPE also under pressure
- —NEAR gained nearly 10% since last Friday, while BTW added 23%
Why it matters: Hot inflation and Fed rate uncertainty are weighing on risk assets, and a break below $80,000 could open the door to further downside.
Source: CryptoPotato