# Bitcoin, altcoins sell-off on record-high inflation, but traders still expect BTC to consolidate

# Bitcoin, altcoins sell-off on record-high inflation, but traders still expect BTC to consolidate

” Bitcoin, altcoins sell-off on record-high inflation, but traders still expect BTC to consolidate “ Global financial markets once again find themselves trending lower on June 10 after the Consumer Price Index (CPI) came in at a blistering 8.6% year-over-year increase, the highest print since 1981.  The hotter-than-expected CPI print resulted in a collapse of…

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