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


$ 106,598.4
€ 92,266.5
¥ 38,800.0
£ 78,529.7
BTC
1.02 %
$ 2,609.45
€ 2,257.84
¥ 949.91
£ 1,922.48
ETH
2.84 %
$ 318.05
€ 275.23
¥ 115.74
£ 234.29
XMR
0.36 %
$ 87.30
€ 75.55
¥ 31.77
£ 64.33
LTC
1.82 %

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.