Bitcoin Retreats as US Inflation Climbs Tariff Impact Eyed

Bitcoin Retreats as US Inflation Climbs Tariff Impact Eyed

Bitcoin’s Pullback Amidst Rising US Inflation Concerns The cryptocurrency market is once again reacting to macroeconomic shifts, as Bitcoin experienced a notable tumble following a report indicating a rise in US inflation. After soaring to a record high of $123,000 on Monday, Bitcoin fell below $117,000 on Tuesday, responding to the U.S. The Bureau of…