Crypto Market Crash🚨: CPI Data Sparks Sell-Off
The crypto market is reeling as Bitcoin, Ethereum, and altcoins plunge following the latest U.S. CPI data. January 2025’s CPI hit 3%, above the expected 2.9%, signaling persistent inflation. This has dashed hopes for Fed rate cuts, pushing investors away from risky assets like crypto. Bitcoin dropped 2.74%, Ethereum 3.27%, and XRP 2.45% post-release. Add in trade war fears from Trump’s tariff plans, and it’s a tough day for holders. Is this a dip to buy or a sign of more pain? Stay sharp, crypto fam! 📉