Bitcoin falls from $50,000 following hotter-than-expected inflation data
Publishing timestamp: 2024-02-13 12:38:28
Summary
The article discusses how cryptocurrencies, including Bitcoin, fell amid a broader market sell-off following a higher-than-expected CPI reading. It mentions concerns about inflation and the potential impact on the cryptocurrency market. However, it also highlights positive factors such as the expectation for the cryptocurrency rally to continue and the anticipation of ethereum's tech upgrade and renewed interest in NFTs.
Sentiment: MIXED
Tickers: CLSK, BTC.CM=, COIN, ETH.CM=, MSTR, IREN, SOL.CM=, US10Y, RIOT, MARA,
Keywords: technology, business news, riot platforms inc, coinbase global inc, solana/usd coin metrics, iris energy ltd, u.s. 10 year treasury, marathon digital holdings inc, bitcoin/usd coin metrics, cryptocurrency, cleanspark inc, microstrategy inc, ethereum/usd coin metrics,
Source: https://www.cnbc.com/2024/02/13/crypto-market-today.html