The digital currency Bitcoin is trading just below $20,000 today, Thursday, at a time when investors are evaluating US inflation data.
By 15:15 Moscow time, the digital currency fell slightly by 0.24% to $19,754.57, according to data from the CoinDesk platform.
The decline comes as investors are guzzling down US inflation data as the index hit its highest level in 40 years in June 2022 and investors are also pricing in expectations of higher US interest rates.
Source: RT