Bitcoin Price Nears $41000 as US Inflation Jumps to 8.5%

The digital money dropped from $42,400 to $39,200 yesterday in a 6.19% drop, according to TradingView data.

Bitcoin decoupled from the Nasdaq this morning as inflation numbers were revealed.

Energy rose 32% over the last year, while the food index saw the largest one-year increase since May 1981, at 8.8%.

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