Bitcoin, Ethereum, XRP Crash As US PPI Soars To 5.4%, Fed Rate Hike Odds Hit 74%

Bitcoin, Ethereum and XRP resumed their declines on Thursday following new U.S. inflation data that raised expectations the Federal Reserve would hike rates at the next meeting. The September 15-16 FOMC meeting could be weighed on risk assets on the crypto market. Ad Ad Bitcoin, Ethereum, XRP Witness Major Pullback Economists had forecast a 0.4%

The post Bitcoin, Ethereum, XRP Crash As US PPI Soars To 5.4%, Fed Rate Hike Odds Hit 74% appeared first on CoinGape.



from CoinGape https://ift.tt/Ef5HrsT
via IFTTT

Post a Comment

Previous Post Next Post