Bitcoin (CRYPTO: BTC) experienced a downturn, dropping to as low as $66,952 early Friday morning. The decline comes after the latest U.S. economic data, raising concerns about persistent inflation. What Happened: The price of Bitcoin, as recorded by CoinMarketCap, fell swiftly from highs of $71,200, dropping over just a few hours. At the time of writing, there were no signs of a significant recovery. February’s U.S. Producer Price Index (PPI) aligns with other economic indicators, pressuring the Federal Reserve to act. Pressure Factors: With the inflation data out, speculation now centers on t…