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via CoinDesk · By CoinDesk Staff
Bitcoin slips below $80,000 as inflation concerns trigger crypto selloff
BTC
BTC/USDT
$63,140.06
+0.13%
$63,140.06
+0.13%
(24s)24h Volume
$2,816,048,742.95
24h H/L
$63,390.00 / $62,968.45
Change: $421.55 (0.67%)
Long/Short
68.7%
Long: 68.7%Short: 31.3%
Funding Rate
+0.0043%
Longs pay
Data provided by COINOTAG DATALive data
CS
CoinDesk Staff(10:42 AM UTC)
1 min read
Bitcoin stuck below $80,000 as leveraged longs unwind, altcoins slide
Crypto markets weakened as inflation fears hit risk assets, triggering long liquidations, negative derivatives flows and renewed pressure on altcoins.
What to know:
- Bitcoin held below $80,000 after Wednesday's stronger-than-expected U.S. producer price inflation data sparked a risk-off move and wiped…
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