Disappointing Inflation!! Cryptocurrency Prices Fall to Two-Year Low

Crypto markets fell Thursday morning before federal data showed consumer prices jumped 8.2% in a year

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Bitcoin plummeted 3.91% on Thursday to $18,404, extending a gradual decline from a November top of $63,599

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Ethereum, the second-largest cryptocurrency, lost 6.53 percent to $1,221.40

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Dogecoin, a cryptocurrency favored by billionaire Elon Musk, dropped 5.62% to $.057

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One month ago, bitcoin plunged 9.35% to $20,304, its biggest decrease since June

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Low interest rates and Covid-era stimulus cheques fueled bitcoin's 2020 and 2021 climb to its November climax

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Bitcoin fell below $20,000 on August 27 after Labor Department inflation figures

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