Bitcoin price slips 3% as US macro data compounds inflation problem

BTC price strength wobbles on the release of problematic U.S. inflation data as traders brush off Bitcoin's moves around all-time highs.

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Bitcoin (BTC) headed lower at the March 14 Wall Street open after United States macro data offered a fresh inflation headache.

Data from Cointelegraph Markets Pro and TradingView tracked a swift BTC price descent from all-time highs to $71,200.

This took a matter of hours, with a rebound yet to kick in at the time of writing, leaving BTC/USD up to 3.3% down on the day.

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