Breaking: Bitcoin Drops Under $78K As US PCE Inflation Comes Hotter Than Expected

Bitcoin dropped below $78,000 on Wednesday after the U.S. PCE inflation report showed hotter-than-expected price pressures. The decline followed BTC's breach of the $80,000 level earlier in the day, adding to market volatility ahead of the key economic release. The report signals persistent inflation, impacting risk assets like Bitcoin.