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Hot inflation data spooks markets as Bhutan keeps dumping Bitcoin
US CPI hits 3.8% YoY, its highest in three years, while Bhutan dumps another 100 BTC. Bitcoin falls below $81K as rate-cut hopes evaporate.
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coindesk.com
Live markets: Bitcoin briefly falls below $80,000, as stocks tumble, yields rise on ugly inflation print
Inflation rose to a three-year high in April, according to this morning's Consumer Price Index report.
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cryptobriefing.com
Hot inflation data spooks markets as Bhutan keeps dumping Bitcoin
US CPI hits 3.8% YoY, its highest in three years, while Bhutan dumps another 100 BTC. Bitcoin falls below $81K as rate-cut hopes evaporate.