Bitcoin plunges on shocking CPI report – Is the crash just beginning?

The crypto markets have taken a hit after the release of the U.S. January Consumer Price Index report, which indicated a higher inflation and consumer price surge than expected. The CPI rose by 0.5% month-on-month, measuring the cost of consumer products, raising inflation to 3.0%. source: https://www.cryptopolitan.com/bitcoin-plunges-on-shocking-cpi/