Bitcoin price sheds $1K in 3 minutes as US CPI inflation overshoots


$ 84,568.0
€ 74,354.5
¥ 38,800.0
£ 63,715.6
BTC
0.13 %
$ 1,593.14
€ 1,400.69
¥ 730.97
£ 1,200.01
ETH
-0.02 %
$ 216.32
€ 190.21
¥ 99.41
£ 163.01
XMR
-0.04 %
$ 76.03
€ 66.85
¥ 34.90
£ 57.29
LTC
1.39 %

Bitcoin's 4% losses swiftly ensue as inflation fails to cool as quickly as hoped for, resulting in a wave of sell-offs for the crypto market.