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Bitcoin tanks on highest CPI data since 1981 as BTC price dips under $19K

07/14/2022

Less than a minute

2022.07.14 12:30

Bitcoin tanks on highest CPI data since 1981 as BTC price dips under $19K

Bitcoin (BTC) fell $800 in minutes on July 13 as the latest United States Consumer Price Index (CPI) data came in far ahead of estimates.

Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it dived under $19,000 minutes after the June CPI print, which put U.S. inflation at 9.1%.

07/14/2022

Less than a minute

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