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Coin Edition 2023-10-12 22:45:00

Crypto Selling Pressure Intensifies Following Higher-Than-Expected CPI

The crypto market has taken a significant hit recently, with major cryptocurrencies alongside Bitcoin incurring near-double-digit losses. This bearish trend comes following the release of U.S. Consumer Price Index (CPI) data today, October 12. Notably, the September CPI, as the U.S. Bureau of Labor Statistics (BLS) released it, stands at 3.7%, against the widely forecasted The post Crypto Selling Pressure Intensifies Following Higher-Than-Expected CPI appeared first on Coin Edition .

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