Bitcoin Drops to $58K After U.S. CPI Print, BTC ETFs Record $81M...

Bitcoin Drops to $58K After U.S. CPI Print, BTC ETFs Record $81M Outflow

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Source: Coindesk.com

Bitcoin fell over 4% to around $58,000, leading to a broader market drop where other major cryptocurrencies like Ether, Solana, Cardano, BNB Chain, and XRP fared slightly better, with losses ranging from 2.5% to 3.8%. The decline came after by the release of U.S. CPI data, despite positive stock market reactions. U.S.-listed spot Bitcoin ETFs saw net

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The post "Bitcoin Drops to $58K After U.S. CPI Print, BTC ETFs Record $81M Outflow" appeared first here Coindesk.com.

Source: Coindesk.com

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