Bitcoin nearly loses $58K as ETF outflows decide whether inflation relief holds

Bitcoin registered an intraday low of $58,189 on June 25 before clawing back toward $60,100 as of press time, even as the Federal Reserve's preferred inflation gauge landed roughly in line with expectations. The May PCE print came in at… Bitcoin registered an intraday low of $58,189 on June 25 before clawing back toward $60,100 as of press time, even as the Federal Reserve's preferred inflation gauge landed roughly in line with expectations. The May PCE print came in at a headline of 4.1% year over year and a core of 3.4%, with a monthly […] The post Bitcoin nearly loses $58K as ETF outflows decide whether inflation relief holds appeared first on CryptoSlate.