Ethereum World News
2022-09-14 18:44:34

Euro, Bitcoin Fall as USD Raises on CPI Higher Than Expected

USD has had the worst run in a few days as the markets were waiting for the customer inflation data in a year. On Tuesday, customer prices climbed more than expected, by 8.3% year to year in August; the news triggered a sell-off. EURUSD is down 1%, and BTCUSD lost 4%, as bulls are fighting to defend $21k support. Higher inflation means that the Fed is not done yet with rate hikes. The cheap money is not coming back to […]

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