Prices for risky assets tumbled after the CPI release, with bitcoin falling from $22,700 to nearly $21,000. Ether, the native token of Ethereum’s blockchain, tanked from $1,760 to $1,594, in a sign of the macroeconomic development overpowering the bullish narrative surrounding that blockchainโs Merge โ an expected transition this week to a more energy-efficient blockchain system.
Related posts
-
Crypto Exchange BingX Expands Chelsea FC Deal, Becomes Training Kit Sponsor
Cryptocurrency exchange BingX has announced an expansion of its partnership with Chelsea Football Club. Starting from... -
Prime Broker Hidden Road Adds Major Crypto Exchanges, Expands Use of BlackRockโs BUIDL Token
Hidden Road is now integrated with Coinbase International Exchange, OKX, Deribit, Bitfinex, AsiaNext, SIX Digital Exchange... -
Abra Launches Treasury Service for Corporates That Want to Hold Crypto
Please note that our privacy policy, terms of use, cookies, and do not sell my personal...