Bitcoin traders remain unfazed while BTC price action follows stocks downward on the back of surprise U.S. macro data.
Bitcoin (BTC) fell below $62,000 into the April 25 Wall Street open as “stagflationary” United States macro data unsettled markets.
Data from Cointelegraph Markets Pro and TradingView tracked new multi-day lows of $62,785 on Bitstamp.
Markets opened to troubled sentiment after U.S. Q1 GDP came in significantly lower than expected at 1.6%.