Important report comes out that inflation is pretty bad (USD)..
Bitcoin dumps off a cliff..
This is the exact opposite of what Bitcoin is supposed to do..
Has Bitcoin strayed too far from its purpose?
No, this is not the exact opposite of what Bitcoin ought to do because it doing the exact thing programmed by Satoshi but the issue is that we ignore the fact that the Bitcoin market is currently in the correction season.
The reason behind the Bitcoin dump is not inflation.