US inflation data triggers cryptocurrency market sell-off

After the release of US inflation data, Bitcoin fell 5.7%, Ethereum fell 10.2%, and Bitcoin ETF outflows reached $1 billion. （Cointelegraph） AI interpretation: The release of US inflation data has directly affected the cryptocurrency market, leading to significant declines in Bitcoin and Ethereum. This fluctuation reflects the market's sensitivity to the inflation outlook, and investors' attitudes towards risky assets have become more cautious. In addition, the large-scale outflow of funds indicates a shift in market sentiment, which may exacerbate future volatility. Overall, the impact of inflation data shows a strong transmission effect in the cryptocurrency market.