Bitcoin slips below $28,000 as investors keep a wary eye on US inflation data

Published by
City AM

By Darren Parkin Bitcoin is trading a shade under $28k this morning, down 2% from yesterday as it continues to slowly drift from the key level of $30k, which failed to find support over the weekend after a push to $29,900 on Sunday. Ethereum (ETH) is in the red by 0.9% but holding above $1.8k. The rest of crypto is largely flat, possibly due to investors waiting for US job openings numbers later today and communications from the Fed on Wednesday about interest rate moves going forward. Could May be the last rate hike of the cycle that started in November 2021? The latest from the banking crisi…

Read More