Bitcoin sinks in reaction to US Consumer Price Index hitting 40-year high at 8.6%

Bitcoin’s (BTC) price sank following the latest United States Consumer Price Index (CPI) release, which showed that the index had hit 8.6% — its highest level in 40-years. The post Bitcoin sinks in reaction to US Consumer Price Index hitting 40-year high at 8.6% appeared first on CryptoSlate.