The verdict is out. The U.S. Bureau of Labor Statistics released this month’s CPI numbers for Jun 2022, and the data suggests the continuing rise of inflation with an overall increase of 9.1% before seasonal adjustment. While the stock market hasn’t opened yet, experts suggest that the market will continue to slide amid the latest CPI data. Cryptocurrency Market Update Since cryptocurrency markets trade 24/7, most digital assets saw bearish momentum in the past 24 hours, with Bitcoin (BTC) sliding 3.14%, Ethereum (ETH) down 4.63%, BNB losing 3.16%, XRP down 2.99%, Cardano (ADA) losing a whopping 4%, Solana (SOL) dropping
The post Bitcoin, Ethereum, BNB, XRP, Cardano, Solana, Dogecoin Prices Drop Amid CPI Numbers Release appeared first on The Merkle News.
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