Cryptocurrency Market Reverses CPI-Induced Rally as Bitcoin Slides Below $22K

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    The biggest cryptocurrency by market cap fell over 6% to as low as $21,500, the least since July 27, CoinDesk data show. The biggest single-day percentage decline in a month marked a continuation of the five-day downtrend that began near $25,000. Ether (ETH), the native token of Ethereum’s blockchain, slid 6% to $1,730, while the likes of SOL, ADA and DOGE suffered double-digit losses, according to CoinDesk data.



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