Bitcoin and ether faltered slightly Tuesday afternoon in New York while stocks rebounded after an initial slip on disappointing annual inflation numbers. 

The S&P 500 was trading about 1% higher at time of publication while the tech-heavy Nasdaq Composite gained 1.3%. 

Bitcoin (BTC), after posting another record-high of just under $73,000 Monday, lost 0.7% Tuesday. Ether (ETH) was also trading lower, dropping 1% at time of publication. 

Read more: Cheatsheet: Ethereum on track to burn $10B ETH over next year

The market moves come as Tuesday’s Consumer Price Index (CPI) print showed inflation rose 0.4% in February and 3.2% from a year ago, according to the Bureau of Labor…

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