🪙 Cryptocurrency market hit by inflation
📉 On Thursday, Bitcoin fell below the $60,000 mark. Major altcoins also showed declines.
✅ According to CoinGlass, around 66,000 traders’ positions were liquidated in the last 24 hours, amounting to $184 million.
Analysts attributed the crash to renewed fears of inflation.
✅ The U.S. Consumer Price Index (CPI) report for September showed a year-on-year CPI increase of 2.4%, while economists had predicted 2.3%.
