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via CoinDesk · By CoinDesk Staff
Bitcoin news: BTC and gold fall together as a rate-hike bet hits every hedge
BTC
BTC/USDT
$79,650.68
-1.81%
$79,650.68
-1.81%
(24s)24h Volume
$17,679,000,981.55
24h H/L
$81,423.03 / $78,660.00
Change: $2,763.03 (3.51%)
Long/Short
52.6%
Long: 52.6%Short: 47.4%
Funding Rate
-0.0011%
Shorts pay
Data provided by COINOTAG DATALive data
CS
CoinDesk Staff(05:22 AM UTC)
1 min read
The relief rally that lifted crypto off last week's lows is unwinding alongside tech stocks and gold, with traders bracing for a US inflation print and a Warsh Fed that may stay hawkish.
Bitcoin's bounce off last week's lows is rolling over, and gold is going down with it.
BTC changed hands at $61,233 on Wednesday, down 3% over 24 hours and 6.9% on the week, while gold fell 2% to below $4,200 an…
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