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Bitcoin news: BTC and gold fall together as a rate-hike bet hits every hedge
BTC
BTC/USDT
$84,070.10
+0.10%
$84,070.10
+0.10%
(24s)24h Volume
$15,495,389,402.20
24h H/L
$85,255.00 / $83,183.00
Change: $2,072.00 (2.49%)
Long/Short
58.4%
Long: 58.4%Short: 41.6%
Funding Rate
+0.0008%
Longs 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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