Bitcoin, Ether, XRP Force 2,633% Liquidation Imbalance Amid Sticky US Inflation Short Squeeze
Market / Price
The latest U.S. inflation data, which the market had been eagerly awaiting, brought an unexpected boost to cryptocurrency derivatives markets. The August report on the core personal consumption expenditures (PCE) index showed that price pressures in the U.S. economy remain persistent: prices for more than half of the components in the PCE basket are still rising faster than the target rate.
BTC
ETH
XRP
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