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      Bitcoin Price Crashes $1,200 As Treasury’s Bond Rescue Backfires

      Man pushing giant gold Bitcoin uphill against rising chart line.

      The post Bitcoin Price Crashes $1,200 As Treasury’s Bond Rescue Backfires appeared first on Coinpedia Fintech News

      Bitcoin fell $1,200, dropping below $77,000 and now trading at $77,260.27, down 3.0% over 24 hours, after August Producer Price Index data came in hotter than expected. More than $190 million in long positions were liquidated within an hour of the move. The selloff comes as the Treasury’s $6 billion bond buyback failed to stop …


      Source: Coinpedia
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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud