Cryptocurrency News Live Updates and Latest News: The Global crypto market has registered a broad recovery with an increasing correlation with the traditional markets. A buy sentiment can be spotted in the market after the release of the latest US CPI data.
The US inflation rate came out to be higher than expected. As per reports, the September CPI stood out to be 8.2%. Meanwhile, it was higher than the expected rate of 8.1%. However, the previous CPI rate was recorded to be 8.3%.
The cumulative crypto market is up by 3.5% over the past day.
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