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Bitcoin sell-off intensifies after hot US inflation report rattles stocks, crypto

Bitcoin slid to $117,400 after hotter-than-expected US PPI data dampened Fed rate cut hopes, sparking inflation fears and weighing on crypto and stocks.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin sell-off intensifies after hot US inflation report rattles stocks, crypto

Bitcoin slid to $117,400 after hotter-than-expected US PPI data dampened Fed rate cut hopes, sparking inflation fears and weighing on crypto and stocks.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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Read on Cointelegraph

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