Bitcoin rate fell to $18.6 thousand.
The first cryptocurrency fell in price by 2% in half an hour. It was followed by Ethereum and other leading altcoins
Bitcoin rate fell to $18.6 thousand. On October 13, in the first half of the day the value of the first cryptocurrency fluctuated at $19.1 thousand - $19 thousand, and at 13:00 it showed a sharp decline. The coin fell in price by 2% in half an hour, to $18.6 thousand. The daily BTC price decrease was 2.8%, according to Coingecko.
The U.S. inflation data for September is due out today, October 13 at 15:30 NY time. Analysts say the U.S. stock market could slide 5 percent if inflation is higher than the 8.3 percent forecast. Because the cryptocurrency market is highly correlated with traditional financial markets, experts believe digital assets will also show declines.
Leading altcoins fell in price after bitcoin: during last 24 hours rate of Ethereum fell down by 4.5% to $1.24 thousand, price of BNB also fell down by 4.5% to $259, and Ripple showed decline by 7.7% to $0.45.