Name: Bitcoin Slumps Amid Lingering Inflation Concerns
Uploaded: 2023-02-24T20:42:38.000Z
Duration: 6 min 16 s
Description: Bitcoin (BTC) briefly dipped below $23,000 as the PCE Price Index for January unexpectedly rose to 5.4%. CoinDesk Managing Editor of Tech and Protocols Brad Keoun weighs in on bitcoin's price action amid looming inflation worries. Plus, his outlook on the Federal Reserve's rate hike cycle and its impact on the largest token by market capitalization.

CD20$2,080.060.36%BTC$77,385.030.28%ETH$2,126.470.51%XRP$1.370.0097%SOL$87.151.23%

Bitcoin Slumps Amid Lingering Inflation Concerns | CoinDesk Videos

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CD20$2,080.060.36%BTC$77,385.030.28%ETH$2,126.470.51%XRP$1.370.0097%SOL$87.151.23%

Bitcoin Slumps Amid Lingering Inflation Concerns | CoinDesk Videos