Crypto dips after inflation-fueled rally stalls-Bitcoin, Ethereum both down
Major cryptocurrencies pulled back after a weekend rally driven by soft U.S. inflation data. Bitcoin dropped 2.5%, Ethereum and XRP fell 4.6% and 9.1% respectively.
Why it matters
If your 401(k) or personal portfolio includes crypto, today's dip underlines volatility-and that softer inflation doesn't always mean an immediate rebound.
The big picture
Crypto's sharp moves show macro data still king-even this week.