While Inflation Hits 9.1%, Bitcoin & Ethereum Plummets! - BitcoinEthereumNews.com
Bitcoin EthereumWhile Inflation Hits 9.1%, Bitcoin & Ethereum Plummets!07 / 13 / 2022Balita ng Ethereum ng Bitcoin The US consumer price index (CPI) data has been revealed, which stands at 9.1% from 2021. The data has made a major impact on both the traditional and crypto market. The two main drivers of the crypto market, Bitcoin and Ethereum, have tumbled down along with major other cryptocurrencies. Once the CPI results were out, the lead altcoin, Ethereum, had bottomed around $1,019. However, right now the currency has recovered as it is selling around $1,088 with an increase of 1.84% in the last 24hrs. Over the last one month, Ethereum price has seen a dip of around 15%. On the other hand, though Bitcoin has lost its $20,000 price levels, the flagship currencys trading volume has surged by 14% trading at $31.8 billion. At the time of writing, Bitcoin is changing hands at $19,823. The data from Coinglass states that the liquidation of Ethereum has hit $49 million over the last 4 hours whereas Bitcoins liquidation stands at $33 million during the same time. Also Solana (SOL) has recorded $3.43 million liquidation. Inflation Hits 9.1% For June As per the expectations, the CPI figures were supposed to be