Why Is Bitcoin And The Crypto Market Down Today?

Bitcoin price continues to fall, dragging the broader crypto market down with it. BTC is down 4.52% in the last 24 hours, while ETH is down 4.10%. With a current price of $26,289, Bitcoin records its lowest value since March 14 this year, when the price dipped as low as $26,544.
Why Is Bitcoin And Crypto Down?
As always, the reasons for the deep pullback of the Bitcoin price are complex. Remarkably, there was actually good news on Wednesday, May 10, as the CPI continued to fall causing the Bitco