Cryptocurrency News Live Updates and Breaking News: The global crypto market has registered a broad recovery with increasing correlation with the traditional markets. Buying sentiment can be noticed in the market after the release of the latest US CPI data.

US inflation turned out to be higher than expected. According to reports, the September CPI fell to 8.2%. Meanwhile, it was higher than the expected rate of 8.1%. However, the previous CPI percentage was 8.3%.

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

Cryptocurrency News Live Updates

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2022-10-14T14:30:00+5:30

Justin Sun adds millions of Huobi token

Tron founder Justin Sun stated that he owns tens of millions of Huobi tokens. According to reports, 74 million HT tokens were transferred from the two official wallets to two new addresses on October 13. The prices of Huobi tokens have increased by 80% in the past 7 days.

2022-10-14T13:30:00+5:30

Binance Announces $500 Million Mining Project

The world’s largest crypto exchange has drawn up the plan to help the crypto mining community. The Binance Pool has announced that it will launch a $500 million mining project to support BTC mining and other projects.

2022-10-14T13:00:00+5:30

US inflation data and Bitcoin price

Bitcoin prices are up 3.5% in the past 24 hours, despite higher-than-expected inflation.

BTC is trading at an average price of $19.6K. However, September inflation is calculated at 8.2%, which is higher than the expected 8.1%.

Disclaimer

The content presented may contain the personal opinion of the author and is subject to market conditions. Do your market research before investing in cryptocurrencies. The author or the publication is not responsible for your personal financial loss.

About the author

Ashish believes in decentralization and has a keen interest in evolving Blockchain technology, the cryptocurrency ecosystem and NFTs. He aims to create awareness around the growing Crypto industry through his writings and analysis. When he’s not writing, he plays video games, watches a thriller, or works out outside. Reach me at [email¬†protected]



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