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Bitcoin drops $6,000 from $124K peak after inflation hits 3.3% - here's what traders need to know

Reading time: 2 min • Aug 14, 2025, 09:08 PM (UTC)

Key Points

  • Bitcoin fell from over $124,000 to below $118,000 due to an ...

Bitcoin just pulled its classic disappearing act, vanishing from above $124,000 to below $118,000 faster than your gains during a market correction. The culprit? An inflation report that hit harder than expected, clocking in at 3.3% when economists were confidently predicting 2.5%.

When Predictions Meet Reality (Spoiler: Reality Wins)

The Producer Price Index decided to crash the party like an uninvited guest, sending both traditional markets and crypto into a tailspin. That Federal Reserve rate cut everyone was betting on? The probability dropped from a near-certain 99.8% to 90.5% - bas...

While we have taken every measure to build an AI pipeline that generates credible and accuracte news, we still encourage you to conduct your own research before making investment decisions. InsAIght's content should not be considered professional financial or trading advice.



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