Bitcoin, ether end the week lower following the release of crucial inflation data: CNBC Crypto World


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On at present’s episode of CNBC Crypto World, main cryptocurrencies end the week lower after a brand new learn on the Fed’s most well-liked inflation gauge confirmed prices rose according to expectations. At the similar time, optimistic jobless claims knowledge launched on Thursday and an upward revision to GDP raised considerations the Fed may rethink extra fee cuts. And Max Gokhman, deputy chief funding officer of Franklin Templeton Investment Solutions, discusses what’s driving the crypto market sell-off.

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