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 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.