Crypto news: Bitcoin falls $1,000 as US inflation hits 3.7%
Original title: Saylor's mistake? Bitcoin drops $1,000 | Crypto news today
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Summary
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Key points
- US inflation came in hotter than expected at 3.7%, and Bitcoin dropped $1,000.
- Rate-hike odds jumped to 44%.
- K33 says Michael Saylor's preferred-stock model at Strategy was a mistake.
- Kraken's parent Payward is buying an EU bank.
- Coinbase, which holds 5% of all Bitcoin, wants Bitcoin's quantum fix started now.
- France wants a 31.4% tax on stablecoin swaps.
Chapters
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Questions
What was the US inflation rate?
How much did Bitcoin drop?
What did K33 say about Strategy?
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