Bitcoin Price Crashes to $72,787 After Hotter-Than-Expected CPI

Bitcoin fell below $73,000 on Tuesday after hotter-than-expected October inflation data showed consumer prices rising 0.4%. Bitcoin Slides as Inflation Data Sparks Market Volatility Bitcoin price fell below $73,000 on Tuesday following the release of October’s consumer price index (CPI) data, which showed a 0.4% monthly increase in inflation. According to Bitstamp data, the cryptocurrency […]
Key Takeaways
- Bitcoin fell below $73,000 on Tuesday after hotter-than-expected October inflation data showed consumer prices rising 0.4%.
- Bitcoin Slides as Inflation Data Sparks Market Volatility Bitcoin price fell below $73,000 on Tuesday following the release of October’s consumer price index (CPI) data, which showed a 0.4% monthly increase in inflation.
- According to Bitstamp data, the cryptocurrency […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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