Bitcoin (BTC) sank below $30,000 on Wednesday, minutes after data showed U.S. inflation was higher than expected in April. BTC dropped over 6% from intraday highs, and fell as low as $29,100. Other major cryptocurrencies also turned negative for the day after the reading. Ethereum is now down nearly 7%, while Binance Coin and Ripple The post Breaking: Bitcoin (BTC) Slips To Near $28K In Minutes After U.S. Inflation appeared first on CoinGape.