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US CPI Data Triggers Over $200 Million in Crypto Liquidations
(2 hours ago) · 1 source · Summarized by CryptoBipto
A higher-than-expected US Consumer Price Index (CPI) report led to a sharp sell-off in the cryptocurrency market, resulting in more than $200 million in liquidated positions. The data raised concerns about further interest rate increases by the Federal Reserve.
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SOURCES
- beincrypto.com
RELATED
CPIInflationLiquidationsFederal ReserveLeveraged Trading
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