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Cryptocurrency News Live Updates 14 October: Bitcoin Prices Surge By 5% Despite Higher Inflation Rate

Cryptocurrency News Live Updates 14 October: US inflation rate came out to be higher than expected. As per reports, the September CPI stood out to be 8.2%. Meanwhile, it was higher than the expected rate of 8.1%.
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Cryptocurrency News Live Updates 14 October: Bitcoin Prices Surge By 5% Despite Higher Inflation Rate

Cryptocurrency News Live Updates and Latest News: The Global crypto market has registered a broad recovery with an increasing correlation with the traditional markets. A buy sentiment can be spotted in the market after the release of the latest US CPI data.

The US inflation rate came out to be higher than expected. As per reports, the September CPI stood out to be 8.2%. Meanwhile, it was higher than the expected rate of 8.1%. However, the previous CPI rate was recorded to be 8.3%.

The cumulative crypto market is up by 3.5% over the past day.

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Ashish Kumar

Ashish believes in Decentralisation and has a keen interest in evolving Blockchain technology, Cryptocurrency ecosystem, and NFTs. He aims to create awareness around the growing Crypto industry through his writings and analysis. When he is not writing, he is playing video games, watching some thriller movie, or is out for some outdoor sports. Reach me at ashish@coingape.com

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