Bitcoin sinks below $68k following US inflation data release
March’s annual consumer price index in the U.S. was 3.5%, and Bitcoin reacted with a decline. Amidst this backdrop, Bitcoin (BTC) underwent a noticeable drop, dipping down to approximately $67,500. Simultaneously, as reported by the U.S. Department of Labor, inflation spiked by 0.4% on a monthly basis – a considerable increase compared to February’s value. … Read more