Bitcoin, Ethereum, XRP, Dogecoin Fall as Hot PPI Raises Rate Hike Bets: Analyst Says BTC Not the 'Biggest Runner,' Expects This Coin to Break Out
Leading cryptocurrencies dropped further on Thursday, September 10, after hotter-than-expected producer inflation trimmed investors' risk appetite.
Crypto prices fell because inflation numbers came in higher than expected, which makes people nervous about taking risks with their money. When people get worried, they often move their money to safer places instead of riskier bets like crypto.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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