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Bitfarms Ltd<\/strong> BITF<\/span> shares are trading lower by 9.22% to $1.28 Tuesday afternoon. Shares of crypto-related stocks are trading lower amid a drop in Bitcoin<\/strong> BTC\/USD<\/span> and Ethereum<\/strong> ETH\/USD<\/span> prices.<\/p>\n Cypto-related stocks at large are trading lower after August CPI data showed greater-than-expected US inflation, which has caused economic concerns and raised expectations for aggressive Fed policy.\u00a0Cryptocurrencies have been seen by some investors as a speculative hedge against inflation and the Fed’s plans to curb inflation could weigh on the broader\u00a0cryptocurrency<\/a>\u00a0sector.<\/p>\n What Happened?<\/strong><\/p>\n According to data from the\u00a0U.S. Bureau of Labor Statistics, the headline CPI rose 8.3% in August,\u00a0down from\u00a08.5% in July. The August CPI reading came in above\u00a0average economist estimates\u00a0of 8%.<\/p>\n Core inflation, which excludes volatile food and energy prices, was up 6.3% in August, above\u00a0average economist estimates for\u00a0a 6.1% gain…Read More<\/a><\/em><\/p>\n See Also:\u00a0Here’s How Much You’d Have Right Now If You Invested $1,000 In Apple Shares When Steve Jobs Resigned As CEO In 2011<\/a><\/em><\/p>\n According to data from\u00a0Benzinga Pro<\/a>, Bitfarms has a 52-week high of $9.36 and a 52-week low of $1.04.<\/p>\n<\/div>\n