✉news BusinessCrypto first seen 3 d ago, last 2 d ago, peak #6
Bitcoin, Ethereum, XRP and Dogecoin Fall After Hotter CPI Report
Original: Bitcoin, Ethereum, XRP and Dogecoin Slide After Hotter-Than-Expected CPI: Analyst Says 'Decisive' BTC Bre
Major cryptocurrencies including Bitcoin, Ethereum, XRP and Dogecoin declined after US inflation data came in hotter than expected. Analysts pointed to a 'decisive' break below a key Bitcoin price level, with traders weighing whether sticky inflation will delay interest rate cuts and keep pressure on risk assets.
Why now: The hotter-than-expected inflation print raised concerns about prolonged tight monetary policy, hitting crypto markets.
Evidence
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