Bitcoin falls to $81k as hot U.S. CPI spurs rate hike bets
Bitcoin experienced a significant decline on Thursday, sliding to $81,291.4 after U.S. consumer inflation data exceeded expectations. The broader crypto market also suffered, with Ether and XRP among the hardest-hit cryptocurrencies. The Federal Reserve's anticipated interest rate hike weighed heavily on speculative assets, causing capital to flow away from crypto and into safer investments.
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