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Bitcoin, Ethereum, XRP, and Cardano face a key macroeconomic test as the United States prepares to release its September Consumer Price Index (CPI) repor | Bitget crypto news!
Bitcoin and Ethereum fell as hotter-than-expected US inflation data, rising Treasury yields, and weaker global equities weighed on crypto sentiment. Despite the sell-off, spot Bitcoin and Ethereum ETFs recorded fresh inflows, while nearly $944 million in crypto positions were liquidated over 24 hours.
Crypto news this morning, Oct 14: Hot US CPI drops Bitcoin to $82,856 as StanChart opens UAE trading desks following Ripple XRPL pivot.