Bitcoin Drops After CPI Data Comes In Hotter Than Expected

Taking the lead among altcoins was AAVE, the token of decentralized finance (DeFi) protocol, Aave , which climbed 7% in the last 24 hours. The increase comes as the troubled crypto lender, Celsius Network, paid off its debt on Aave, freeing up $26 million in tokens as part of its latest debt restructuring maneuver.

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