FTSE 100 loses more than 1% as UK inflation rate doubles and house prices soar
FTSE 100 nursing triple digit loss as Wall Street slumps and cryptocurrencies plunge Companies FTSE 100 nursing triple digit loss as Wall Street slumps and cryptocurrencies plunge Global markets under pressure on inflation fears, while digital currencies slide after latest Chinese clampdown FTSE 100 down 104 points US stocks slide 3.21pm: Cryptocurrencies drop by a quarter It is not just stock markets heading lower, so too are cryptocurrencies. But the falls there are of a different order. Bitcoin dropped by around 25% to below US$32,000 at one point today, and has now fallen more than 50% s...