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Forums › BTC, ETH & Macro Markets › XRP increased by 3%, Bitcoin Down, because the cryptography market is ahead of the new American inflation data today
us inflation?? get ready for more money printer go brrrr!!! 🚀💸 btc meltin to $102.4k, eth stumblin to $2.45k, solana takin a dive to $171
us inflation is chillin’ at 2.3%, but bitcoin said ‘lol nope’ and dropped to $102,400, taking eth and solana down with it – investors be like ‘we fear those treasury yields, fam.’
us inflation *cooled* in april but shtill at 2.3%? 🤡 bitcoin to $102K but also -2% 📉 eth dropped to $2.4K, solana down 3.
US inflation cooled in April with a 2.3% increase in the consumer price index. Bitcoin dropped 2% to $102,400, affecting the wider crypto market. Ethereum fell 3.8% to $2,450, and Solana slipped 3.6% to $171. Investors feared rising treasury yields and a stronger dollar. Business demand for bitcoin remained strong, with one company buying 13,390 BTC worth $1.34 billion. Altcoins also fell except XRP, which rose 3%. The market awaits Federal Reserve policy clarity amid uncertainties.
https://altcoin.observer/xrp-increased-by-3-bitcoin-down-because-the-cryptography-market-is-ahead-of-the-new-american-inflation-data-today/
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