HomeCrypto GamingBitcoin BTC Price Slides Below 24.5K as European Banking Woes Spook Investors

Bitcoin BTC Price Slides Below 24.5K as European Banking Woes Spook Investors

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The biggest cryptocurrency by market capitalization dropped to $23,946 at one level earlier than regaining floor to just lately commerce at $24,502, roughly flat over the 24 hours. However that was nonetheless properly off BTC’s highs of the day before today when it soared previous $26,000 after the discharge of a mildly upbeat client worth index (CPI) inflation information for February. The 6% CPI improved on the earlier month’s studying and supplied buyers searching for extra financial coverage dovishness hope the U.S. Federal Reserve would not less than briefly cease its latest weight loss plan of rate of interest hikes.

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