Bitcoin Slides; Ethereum, XRP, Dogecoin Gain Amid Softer PPI Inflation: Crypto 'Dead' Chatter Shows Retail Patience 'Breaking,' Says Market Intelligence Firm
Leading cryptocurrencies held steady on Thursday, August 13, while stocks climbed to record highs following softer-than-expected producer inflation data.
Bitcoin went down a little while other cryptocurrencies went up, after news that inflation (the cost of things rising) slowed down. When people see inflation getting better, some switch their money around, which is normal—it just means investors are watching and adjusting like they always do.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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