The U.S. economy is facing inflation worries, causing crypto prices to dip. Bitcoin fell below $85,000, dragging down tokens like Shiba Inu and Dogecoin. A recent report showed inflation rising, which might lead to higher interest rates.
- Bitcoin price dropped below $85,000.
- Shiba Inu, Dogecoin, and Cardano fell by over 3%.
- Total crypto market cap decreased by 2.6%, reaching $2.76 trillion.
| Statistics | Value |
|---|---|
| Core PCE (February) | 2.8% |
| Headline PCE (Yearly) | 2.5% |
| Projected Bitcoin price next month | $40,000 |
