Bitcoin price falls toward range lows, but data shows ‘whales going wild right now’

Bitcoin price extended its decline on March 28, falling for a fourth consecutive day to paint an intra-day low of $83,387. BTC’s (BTC) decline mirrored the Wall Street sell-off, where the DOW closed 700 points lower, alongside the S&P 500 index, which dropped 112 points.  The sell-off in equities is widely attributed to investors increasing worries over inflation after the core Personal Consumption Expenditures index data from February rose to 2. 8% (a 0 source: https://cointelegraph.com/news/bitcoin-price-falls-toward-range-lows-but-data-shows-whales-going-wild-right-now?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound