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Benzinga
Benzinga
Business
Henry Khederian

Why Bitcoin Gold Is Falling Sharply Today

Bitcoin Gold Cryptocurrency Inflation US Federal Reserve

Shares of several popular altcoins, including Bitcoin Gold (CRYPTO: BTG), are trading lower again Wednesday in sympathy with apex cryptocurrency Bitcoin (CRYPTO: BTC) and second-largest market cap crypto, Ethereum (CRYPTO: ETH).

The broader cryptocurrency sector was highly volatile throughout Wednesday’s trading session following the April CPI report, which showed worse-than-expected inflation.

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