Bitcoin dips to $72K on hot US PPI inflation hours before Fed FOMC meeting

Bitcoin dips to $72K on hot US PPI inflation hours before Fed FOMC meeting

Bitcoin price action fell to week-to-date lows with Bitcoin caught between high US inflation and nerves over Fed policy hints at the day's FOMC meeting.

Bitcoin (BTC) slid 2.5% around Wednesdays Wall Street open as a fresh US inflation overshoot spooked markets. Key points:
  • US PPI inflation surpasses market expectations again, continuing it… [+3874 chars]