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Crypto and Global Markets Plunge as Hot US Inflation Revives Fed Fears – What’s Next?

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Crypto and Global Markets Plunge as Hot US Inflation Revives Fed Fears – What’s Next?

Bitcoin, the broader crypto market, and global markets faced selling pressure as US inflation came in hotter than expected. Concerns over the Fed’s interest rate outlook dragged BTC’s price near $80,200, while Ethereum and several major altcoins posted steeper losses as investors pulled back from risk-sensitive assets. The downturn also extended across global equities, with …



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