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CryptoMedium•16 February 2026•

1 min read

Bitcoin Slides to $68,000 as Investors Await Fed Minutes and PCE Inflation Data

Golden Bitcoin coins and wallets in front of the US Capitol building and American flag, with an upward trend graph.

Bitcoin experienced a notable decline, dropping to the $68,000 level as the broader cryptocurrency market faced selling pressure. This downturn comes as investors adopt a cautious risk-off stance ahead of critical macroeconomic indicators from the United States. Market participants are particularly focused on the upcoming release of the Federal Reserve minutes and the core Personal Consumption Expenditures (PCE) inflation report. These data points are crucial as they will likely influence the Fed's future decisions regarding interest rates and monetary policy. Concerns over persistent inflation or hawkish signals from the Fed continue to weigh on high-risk assets like cryptocurrencies. Analysts suggest that the current volatility reflects a broader uncertainty regarding the global economic outlook and its impact on digital asset liquidity.