Bitcoin, Ethereum and altcoins nosedive on rampant inflation fears
- Bitcoin, Ethereum and altcoin prices have tumbled in a crypto market bloodbath.
- Bank of England has flagged the risk of 10% inflation, fueling a bearish sentiment among investors.
- Bitcoin witnessed the largest drop in price since April 2022 as investors pulled capital out of the crypto market.
Bitcoin price has dropped and this has triggered $191 million in futures losses across exchanges. Rampant fear of inflation has pushed Bitcoin and altcoin prices down,…
