Bitcoin (BTC) and Other Crypto Assets Suffer Price Dip After New Report Shows Inflation Metric Rose in January

Crypto assets across the board suffered price dips on Friday after a new U.S. Department of Commerce report indicated a critical inflation metric rose in January. The Department of Commerce’s Bureau of Economic Analysis (BEA) notes that the personal consumption expenditures (PCE) price index went up 0.6% from December to January.