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coinpedia 2023-05-24 13:40:31

BTC & ETH Drops as UK CPI Hits after Ages

The post BTC & ETH Drops as UK CPI Hits after Ages appeared first on Coinpedia Fintech News Bitcoin and other major cryptocurrencies fell due to poor UK performance in broader equity markets. With Bitcoin dropping below $27k during Asia trading and markets reacted to poor UK inflation figures. UK surprises as CPI (Customer Price Index) rose to 6.8% since 1992, surpassing the forecast of 6.2%. UK banks ongoing pressure in an interest rate …

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