Bitcoin, XRP, Ethereum Fall as Crypto Slump Continues. Inflation Data Are Key.
1. Bitcoin decreased 0.8% in 24 hours, now at $111,722. 2. Investors await key personal consumption expenditure data this Friday. 3. Other cryptocurrencies like Ether and XRP also declined. 4. Recent crypto sell-off was largest due to excess leverage. 5. Lower interest rates may draw investors to riskier assets.