CoinScoopBitcoin drops to $76,800 and SOL falls below $100 amid market-wide liquidations
The crypto market declined as U.S. August CPI data exceeded expectations, raising the probability of a Federal Reserve rate hike to 87%. Bitcoin retreated to $76,800, while SOL fell below $100. Total liquidations reached $278 million, affecting over 114,000 traders. The Fear and Greed Index dropped to 57, reflecting a shift toward caution ahead of the upcoming FOMC meeting.
Summaries are written by AI from the original article. Not investment advice.