Bitcoin Price Slips as Saylor’s Bull Market Call Meets Reality
Bitcoin’s price tapped an intraday low of $81,500 per coin on Wednesday, Oct. 14, as hotter-than-expected U.S. inflation data rattled financial markets and triggered a wave of leveraged liquidations. Roughly $331 million in cryptocurrency positions vanished over 24 hours, with bullish traders absorbing most of the damage. The sell-off offered an awkward counterpoint to Strategy […]
Story summary
Bitcoin’s price tapped an intraday low of $81,500 per coin on Wednesday, Oct. 14, as hotter-than-expected U.S. inflation data rattled financial markets and triggered a wave of leveraged liquidations. Roughly $331 million in cryptocurrency positions vanished over 24 hours, with bullish traders absorbing most of the damage. The sell-off offered an awkward counterpoint to Strategy […]
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