Bitcoin Price Jump Fades After U.S. Inflation Spike

Bitcoin Price Jump Fades After U.S. Inflation Spike

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In crypto markets, bitcoin outperformed most alternative cryptocurrencies (altcoins). Typically, during down markets, investors overweight bitcoin because of its lower risk profile relative to altcoins. BTC was roughly flat over the past 24 hours, versus a 4% drop in ETH and a 6% drop in SOL.



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