Bitcoin price drops 2% as falling inflation boosts US trade war fears
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Bitcoin price action decides that good news on inflation is in fact bad news thanks to persisting US trade war fears dampening risk-asset trader appetites.
Bitcoin (BTC) shrugged off gains at the March 13 Wall Street open as US inflation markers continued to fall.
BTC/USD 1-hour chart. Source: Cointelegraph/TradingView
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $81,500, down 2.3% on the day.
1d ago•
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