Bitcoin Drops Below $85K as Sticky Inflation Clouds Fed Outlook
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Bitcoin dropped below $85,000 following February's PCE inflation data, which showed core inflation rising to 2.8% and potentially delaying Federal Reserve monetary easing. The cryptocurrency market faces increased volatility, with options expiry and critical support zones adding complexity to price movements.
March 28, 2025 | 2:30 pm
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Bitcoin's price is vulnerable to macroeconomic headwinds as core inflation rises, potentially delaying Fed rate cuts and reducing risk asset appetite.
Rising core inflation suggests delayed monetary easing, which typically reduces appetite for speculative assets like Bitcoin. The options expiry and critical support zone add further price uncertainty.
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