Bitcoin Falls Below $56,000 as Fed Rate Hike Expectations RiseOn Wednesday (September 11), CME Bitcoin futures (BTC) closed at $57,685.00, down 0
Bitcoin Falls Below $56,000 as Fed Rate Hike Expectations Rise
On Wednesday (September 11), CME Bitcoin futures (BTC) closed at $57,685.00, down 0.88% from the previous day's close in New York. After the release of US CPI inflation data at 8:30 PM Beijing time, the price hit a daily low of $55,645.00 at 10:47 PM, before gradually narrowing the decline. CME Ether futures (DCR) closed at $2,356.50, down 1.26% from Tuesday.
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