Markets· ★★★★· bearish·

Bitcoin dips below $82K as hot US CPI and surging oil prices rattle markets

  • —Bitcoin dropped below $82,000 after the US CPI release
  • —US inflation accelerated on the back of high oil prices
  • —US bond yields hit new 24-year highs
Why it matters: Hotter inflation reinforces expectations of Fed rate hikes, pressuring bitcoin and risk assets.
#BTC
Source: Cointelegraph
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