Bitcoin is trading at $80,592 tonight, snapping a four-day rally after the hot CPI print…
The 1.4% drop is the largest intraday decrease for the coin since mid-April…
Traders are rotating out of risk assets as the Fed’s rate-cut timeline evaporates…
The “Digital Gold” narrative is being tested as the dollar gains strength on the news…
Analysts say $79,800 is the immediate support level to watch for the overnight session…
Despite today’s dip, the coin remains up over 5% for the month of May…