Bitcoin registered an intraday low of $79,730 before recovering to around $82,000 as surging US wholesale inflation intensified a cryptocurrency selloff that triggered nearly $940 million in liquidations. This price action extended losses as stronger-than-expected inflation data raised concerns ...
Source: [CryptoSlate](https://cryptoslate.com/bitcoins-100000-dream-slips-away-as-939-million-crypto-wipeout-pushes-traders-toward-78000/)