Today news
About the same in other media
Crypto market eyes recovery ahead of key US inflation data release
Reading now: 816
Growing inflation has become a mounting concern for nations around the world, especially the United States.
The U.S. has seen one of the sharpest rises in consumer inflation over the past year. Lawmakers around the globe have claimed that they didn’t see the inflation coming, but people often draw their attention towards the seeming unrestricted money printing spree throughout the pandemic.
The U.S. has printed 35% of the total U.S. dollar in circulation in 2021 alone which has played a key factor in record-breaking inflation. Market pundits expect a 6% rise in the consumer price index (CPI) in November, which would be the highest in four decades.
Statistics on the CPI are scheduled to release on Dec. 10.
The Biden administration has said
Read more on cointelegraph.comAbout this in other media
Bitcoin struggles to hold $47K as Fed meeting adds to 'extreme' BTC market panic cointelegraph.com /2 years ago
Crypto Traders Place Bets Ahead of Tuesday’s Fed Meeting cryptonews.com /2 years ago
Bitcoin versus home prices: Here's how the crypto has performed against the residential property market over the last 5 years markets.businessinsider.com /2 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
