Crypto Market Awaits US Inflation Data

    Cryptocurrency News Live Updates and Latest News: The Global cryptocurrency market stands on hold as the inverters await the much anticipated US CPI data. Experts suggest that the inflation rate might rise by o.3% in September from the month of August. It is calculated to be 8.1% up from the same period a year ago.

    However, in August, the CPI jumped by 0.1% from July and about 8.3% compared with the year before. The total crypto market cap is marginally down to stand at $913 billion. Meanwhile, trading volume has skyrocketed by 352% to stand at $219 billion.



    October Becomes 2022’s Biggest Crypto Hack Month

    The month of October has seen around $718 million being lost into crypto so far. However, the second half of October is still remaining. This month has successfully breached the numbers recorded in March 2022.


    The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

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