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BTC updates: Soft core inflation gave crypto a bounce, but only bitcoin held up on the week
May CPI ran hot on energy and cooler underneath, lifting majors on Thursday, though ether and the large alts are still down 6% to 8% over seven days.
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cryptobriefing.com
CPI anxiety drags stocks and crypto lower in tandem
Bitcoin fell below $62K and the Nasdaq dropped 3% as investors pull back ahead of the May CPI report expected at 4.2%. Fear and Greed Index hits 10.
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US inflation climbs to 4.2% in May as energy prices spiral higher
US CPI hit 4.2% in May 2026, the highest since April 2023, as energy prices surged over 23%. Here's what it means for crypto and Bitcoin investors.
