Crypto markets weakened as inflation fears hit risk assets, triggering long liquidations, negative derivatives flows and renewed pressure on altcoins.

Inflation rose to a three-year high in April, according to this morning's Consumer Price Index report.

Solana, Cardano and Hyperliquid led the day's losses as risk appetite cooled across digital assets.

U.S. PPI surged well above forecasts in April, reviving concerns that rising oil prices and Iran-related supply risks may feed another inflation wave.

Bitcoin plunges to $78,704 amid rising U.S.-Iran tensions and accelerating wholesale inflation. Analysts warn of Federal Reserve tightening.

Bitcoin slipped near the $79,600 mark as the broader crypto market weakened amid inflation concerns and cautious investor sentiment. Analysts said traders are closely tracking US…

Crypto markets weakened as inflation fears hit risk assets, triggering long liquidations, negative derivatives flows and renewed pressure on altcoins.