Bitcoin Briefly Dips Below $19K; Ether Drops Sharply After US Inflation Report

Bitcoin Briefly Dips Below $19K; Ether Drops Sharply After US Inflation Report

A sell-off in risky assets followed the release. In the past hour, ether (ETH) lost 4.4%, with Cardano’s ADA, Solana’s SOL and dogecoin mirroring the losses. Most of the 100 largest cryptocurrencies by market capitalization fell at least 4%, CoinGecko data shows.

Originally Posted on: https://www.coindesk.com/markets/2022/07/13/bitcoin-briefly-dips-below-19k-ether-drops-sharply-after-us-inflation-report/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
By: Shaurya Malwa

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