Bitcoin and other digital assets plunged on Friday following the release of key inflation data that spooked investors. The leading cryptocurrency fell by 3% in just 24 hours, currently trading at $23,070, according to CoinGecko. This comes after Bitcoin broke above $25,000 per coin for the first time in eight months just last week. Other major cryptocurrencies also saw significant drops, with Ethereum falling by 3.1% in the past day to trade at $1,593, and Dogecoin dropping 3.3% to reach $0.082.
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