Bitcoin Dips Below $27K, Reversing Post-CPI Rally
Briefly

Bitcoin ( BTC) dipped below $27,000 Wednesday midday, reversing a morning jump following the release of mildly encouraging U.S. inflation data.The BTC/USD trading pair on Coinbase traded as low as $26,800 before regaining some ground, according to TradingView data.The largest cryptocurrency by market capitalization was recently trading at around $27,400, down more than 4% in the past hour and 1.8% in the past 24 hours.
Read at Coindesk
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