Crypto Price Today: Bitcoin Slips Under $61,000 Owing to US’ CPI Data, Most Altcoins Retain Profits
The crypto market showed fluctuations on Friday, October 11, after the US CPI data emerged higher than expectations. In the backdrop of this development, Bitcoin registered a loss of around one percent on national and international exchanges. At the time of writing, the oldest and most expensive cryptocurrency was trading at $60,576 (roughly Rs. 50.8 lakh) on global exchanges, showed CoinMarketCap. On Indian exchanges like CoinSwitch and Giottus, meanwhile, BTC is trading at $61,452 (roughly Rs. 51.6 lakh).
“As Bitcoin had its fourth consecutive red day, the world’s largest crypto gained over two percent just before the daily candle close. The market volatility yesterday was largely driven by US CPI data, a key indicator for…
