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Bitcoin Cointelegraph

Bitcoin drops to $58K on high US PCE inflation as trader sees 'manipulation'

Bitcoin fell to 21-month lows as stock market volatility accompanied three-year highs in US PCE inflation, leading to $600 million in hourly crypto liquidations.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin drops to $58K on high US PCE inflation as trader sees 'manipulation'
Bitcoin fell to 21-month lows as stock market volatility accompanied three-year highs in US PCE inflation, leading to $600 million in hourly crypto liquidations.

Why this matters

Bitcoin is showing up inside the Macro & Rates theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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