Why Did Bitcoin Price Crash Below $60,000?

The post Why Did Bitcoin Price Crash Below $60,000? appeared first on Coinpedia Fintech News

Bitcoin crashed below $60,000 on Wednesday, hitting its lowest level in 21 months as a hotter than expected U.S. inflation report triggered a brutal selloff across every risk asset simultaneously.  Within 27 minutes of the stock market opening, the Nasdaq 100 fell 1,000 points and the S&P 500 erased $1 trillion in market value. Crypto …