Crypto Market Faces $480M Liquidations as PCE Data Sparks Decline
TLDR
- Crypto market faces $480M in long liquidations amid PCE data release.
- Bitcoin drops to $108K with fears of further declines.
- Ethereum XRP, and Solana experience deeper losses.
- Peter Schiff declares ‘Game Over’ for Trump administration’s economic strategy.
- Inflation fears intensify after PCE data shows persistent price increases.
The crypto market is facing a severe correction, with Bitcoin (BTC) slipping to $108,000. Altcoins like Ethereum (ETH), XRP, and Solana (SOL) are experiencing deeper declines. The sharp market downturn follows a surge in the US PCE data, which signals persistent inflationary pressure.
Bitcoin Faces Further Declines Amidst Market Correction
Bitcoin’s price has dropped to $108,456,…
