---
title: "Bitcoin gives back gains as 'hawkish' Fed costs bulls a trip to $70K"
url: https://diffcoin.com/bitcoin-gives-back-gains-as-hawkish-fed-costs-bulls-a-trip-to-70k/
description: "Bitcoin bulls run out of steam yet again as BTC price action returns to its pre-CPI position. Source link"
published: 2024-06-13
updated: 2024-06-13
author: "Mila"
site: "Diffcoin"
---

# Bitcoin gives back gains as 'hawkish' Fed costs bulls a trip to $70K

Bitcoin bulls run out of steam yet again as BTC price action returns to its pre-CPI position.

[Source link](https://cointelegraph.com/news/bitcoin-back-gains-hawkish-fed-bulls-70k)