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The US stock market and global crypto market are facing renewed selling pressure as Wall Street anticipates hotter-than-expected U.S. CPI inflation data today. JPMorgan, Morgan Stanley, Citigroup, and other major banks warn that a higher inflation reading could reinforce a \u201chigher for longer\u201d Fed rate environment, weighing on Bitcoin, Ethereum (ETH), and XRP. US CPI<\/p>\n
The post Bitcoin, ETH, XRP Risks Falling as JPMorgan & Wall Street Giants See Hot CPI Inflation at 3.8%<\/a> appeared first on CoinGape<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" The US stock market and global crypto market are facing renewed selling pressure as Wall Street anticipates hotter-than-expected U.S. CPI inflation data today. JPMorgan, Morgan Stanley, Citigroup, and other major banks warn that a higher inflation reading could reinforce a \u201chigher for longer\u201d Fed rate environment, weighing on Bitcoin, Ethereum (ETH), and XRP. US CPI […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[192,29,198,194,195,199,196,193,197,200],"class_list":["post-427151","post","type-post","status-publish","format-standard","hentry","category-business","tag-blockchain-business","tag-business","tag-coins","tag-crypto-business","tag-cryptocurrency-business","tag-fiat","tag-metaverse-business","tag-nft-business","tag-token","tag-token-business"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/427151","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=427151"}],"version-history":[{"count":0,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/427151\/revisions"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=427151"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=427151"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=427151"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}