The post Bitcoin and Ether Prices Slide as UK Core CPI Hits Highest Level in Three Decades appeared first on Coinpedia Fintech News
Bitcoin plummeted below the $27,000 level during the Asian trading day, resulting in a general decline in major cryptocurrency prices. This decline coincided with traders in broader equity markets responding to the release of higher-than-anticipated UK core Consumer Prices Index (CPI) figures. The latest data revealed that the UK’s core CPI rate reached 6.8%, surpassing …