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Live updates: Bitcoin sinks to $77,000 as CPI lands with hike odds near 70%

Published Source: CoinDeskRead original

Crypto Insight Summary: Every major is red ahead of the August inflation print. Bitcoin is down 5% on the week and zcash fell 10% on the day. Crypto Insight Analysis: Direction: Bearish BTC / Bearish ZEC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: CPI data triggered risk-off sentiment, causing temporary crypto market decline.

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Live updates: Bitcoin sinks to $77,000 as CPI lands with hike odds near 70% — Crypto Insight