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Bitcoin Sinks as Concerns Over Inflation, Economic Data Mount

Bitcoin Sinks as Concerns Over Inflation, Economic Data Mount
business8/20/2025

Crypto markets slide with Bitcoin under $113,000, pressured by inflation fears, trade tensions, higher yields, and profit-taking.

In brief Markets slid further on Tuesday, with equities and other risk assets falling ahead of jobs and economic data. Bitcoin was recently down 3.5% as investors awaited incoming economic data and remarks by Fed Chair Jerome Powell. Ethereum also co... [3386 chars]