Bitcoin, Ethereum And Dogecoin Drop On Hot Inflation Data: A Look At The Cryptos Into The Weekend

Bitcoin (CRYPTO: BTC) fell almost 6% lower Friday morning in tandem with the general market after the Bureau of Economic Analysis reported a 5.4% increase in the personal consumption expenditures (PCE) price index in the month of January. The number came in well above the 4.9% estimate and above the 5.3% gain in December.