Bitcoin price hit another all-time high at $69,000 as Ether continued its long slog toward $5,000 after reaching a new high at $4,868 earlier today.
According to the BLS, rising energy costs fueled a rise in CPI but for at least 6 months, analysts have tracked the rising costs of food and other goods.
From the perspective of technical analysis, profit taking near all-time highs and the need for a retest of lower support levels are normal processes for most cryptocurrencies.