US CPI Inflation Estimated To Come In Hot, Crypto Market Rally To End?

Quick Summary:

The market participants appear to be shifting their focus towards the upcoming US CPI inflation data, as evidenced by the recent muted trading in the broader financial sector.

The crypto market also witnessed a slump today, with Bitcoin, altcoins, and meme coins, taking a hit.

A flurry of market experts anticipates the CPI figures to come in hotter than expected.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Rupam Roy

Category: Crypto

Markets: India

Topics: US CPI Fed rate cut US Federal Reserve Crypto Market 24/7 Cryptocurrency News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 09:43:45 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 583 words

Reading Time: 4 minutes read

Sentences: 44 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 23569374

View Article Analysis

About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 24 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 11 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

Publisher Details

Frequently Asked Questions