5 May 2026

Bitcoin Tumbles as Markets Reel, in the Wake of Gloomy Inflation Data

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Bitcoin Tumbles As Markets Reel in the Wake of Gloomy Inflation DataThe digital asset’s price saw a precipitous drop early Thursday morning after the U.S. Bureau of Labor Statistics published data revealing record inflation metrics. Inflation Shock Triggers Bitcoin Slump Just seconds after the U.S. Bureau of Labor Statistics (BLS) published its inflation data at 8:30 am on Thursday, bitcoin ( BTC) fell off a cliff. […]
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