Bitcoin (BTC) Price Plunging After Crucial CPI Data

This came after the core consumer price index came in hot for the third consecutive month. Consumer prices grew 3.5% on a year-over-year basis in March, which is above analysts' expectations.

The price of Bitcoin fell in tandem with the U.S. stocks. Virtually all sectors of the S&P 500 experienced significant declines while Russell 2000, which focuses on small-cap stocks, saw one of its worst days of the year.

Source: Digital Coin News (digitalcoinnews.net)

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