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U.S. Inflation Hits BTC

13 Feb 2025by CryptoJazz Admin1 min read3 views
U.S. Inflation Hits BTC

🔴The U.S. Department of Labor reported that inflation in January 2025 reached 3% year-over-year, rising by 0.1% compared to December.

🔴Bitcoin reacted negatively to the news, dropping to $94,200. Futures liquidations exceeded $84 million within an hour, with most losses coming from long positions. Previously, Arthur Hayes predicted that BTC could surge to $1 million in the event of significant inflation acceleration.

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