Vauld Insights
2022-06-13 08:30:00

Bitcoin Produces Lowest Weekly Close Since 2020 Amid Inflation Worries

Bitcoin and other major altcoins dropped significantly over the weekend. Correlation between equities and crypto prices continues as higher-than-expected inflation causes panic in the financial markets. A bearish channel on BTC’s weekly chart hints at further losses to $12,360. Bitcoin (BTC) continued its sell-off during the weekend, closing on Sunday at $26,578, levels last seen […]The post Bitcoin Produces Lowest Weekly Close Since 2020 Amid Inflation Worries appeared first on Vauld Insights.

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