Bitcoin Chases $72K After Fed Holds Rates
Bitcoin’s (BTC) bullish start to the week faced a halt on Wednesday, as BTC dropped 3.4% to $70,900 alongside a broader sell-off in US stocks. The correction followed a hotter-than-expected Producer Price Index (PPI) report, which was 0.7% higher than the 3.4% year-on-year estimate. Despite the sell-off, spot demand remained steady, with buyers absorbing pressure