Bitcoin holds below $70K as stocks slip despite a cooler US PPI print
Summary
Bitcoin dropped approximately four percent, remaining under the seventy thousand dollar threshold. This decline occurred while equity markets weakened, even though the latest United States producer price index data came in lower than anticipated.
Bitcoin was down about 4% on the day amid a tepid market reaction to October’s US PPI reading, which came in below expected levels.
Source: Read the full story at Cointelegraph.com News
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