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Bitcoin Plunges Below $77,000 as Hot PPI Triggers $190M Liquidation Wave

Benzinga Read original source (opens in a new tab)
The Story

News Summary

  • Bitcoin tumbled below $77,000 as hotter-than-expected August PPI data and surging 10-year Treasury yields triggered over $190 million in long liquidations.
  • Rising yields and spot ETF outflows are undermining the rate-cut narrative, pushing BTC to test critical support near $76,000.
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BTCUSD price history

77291.27 +14.58% over the displayed period

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