Bitcoin Drops Sharply on Hot Inflation Print — Market Talk
Bitcoin falls sharply on the release of U.S. inflation data. The producer-price index rose by 0.4% in August, in line with economists' forecasts. Bitcoin falls 1.8% to $76,866.11. Ether also falls sharply, dropping 2.1% to $2,415.76. Markets increased their bets on a Federal Reserve rate hike next w