Tag: cpi

Cryptory.net - The cryptocurrency market is currently surging due to both technical and fundamental factors. Technically, the equity market has experienced a strong rally following three months of negative closings. This rally is primarily driven by market participants' anticipation that the Federal Reserve has completed its interest rate hike cycle for the current period.

As a witness, Guilherme Haddad Nazar, the general director of Binance brokerage in Brazil, has been summoned by the Brazilian regulator, the CPI.

Cryptory.net - The US inflation rate has eased to 7.7% in October, lower than last month and also lower than economists expected.

Cryptory.net - As predicted, the crypto market plummeted after the Fed announced the CPI in September.

Cryptory.net - Bitcoin’s price often fluctuates sharply each time the US releases the CPI.

This week could mark the most volatility in the crypto space with the 3 biggest events to occur in the next few days.