CoinScoopBitcoin drops to $77,000 as CPI data fuels rate hike expectations
Bitcoin has fallen to $77,000 amid market anticipation of the August inflation report, with the probability of a rate hike nearing 70%. Major assets are trading lower, with Bitcoin down 5% for the week and Zcash declining 10% on the day.
Summaries are written by AI from the original article. Not investment advice.