BENCHMARK
| Indices | LTP | Change (%) |
|---|---|---|
| BITCOIN | 24958 | 2.64% |
| ETHEREUM | 1710 | 2.25% |
CRYPTO STATS(24H)
| Indices | VALUE | Change (%) |
|---|---|---|
| MARKET CAP | $1.17 T | 2.30% |
| TRADING VOLUME | 136 B | 1.40% |
Top 5 GAINER
| Indices | LTP | Change (%) |
|---|---|---|
| FUTURE COIN | $0.32 | 398.18% |
| KICO.IO | $0.00040 | 145.14% |
| YOYOW | $0.018 | 68.15% |
| SINGULARTIY | $0.0017 | 63.95% |
| EGRETIA | $0.00040 | 48.18% |
Top 5 Loser
| Indices | LTP | Change (%) |
|---|---|---|
| POOLZ FINANCE | $0.58 | 84.89% |
| GAZETV | $0.000068 | 81.54% |
| RAVENDEX | $0.000048 | 74.72% |
| AIDOS KUNEEN | $0.015 | 63.72% |
| MIM | $0.00000067 | 50.09% |
The cryptocurrency markets continued their upward trend for the fourth consecutive day, as they traded higher on Tuesday. In February 2023, the United States experienced a decline in its annual inflation rate, marking the eighth consecutive month of such a trend. This drop brought the inflation rate to its lowest level since September 2021, standing at 6%. This figure is in line with market expectations and represents a slight improvement from the 6.4% recorded in January.
Major Events Around the World
-
On Tuesday, the US Bureau of Labor Statistics released a report indicating that inflation in the United States, as measured by the Consumer Price Index (CPI), decreased to 6% on a yearly basis in February, down from 6.4% in January. This news was in line with market expectations, and provides some relief to those concerned about rising prices.
-
On Tuesday, a spokesperson for Binance announced that the company will be temporarily suspending sterling deposits and withdrawals. This decision comes just a month after the exchange stopped dollar transfers. Paysafe, Binance's partner for sterling transfers, has informed the company that it will be halting its services. As a result, new users will no longer be able to make sterling transfers as of Monday.
-
According to sources familiar with the matter, Bloomberg reported on Wednesday that the U.S. Department of Justice in both Washington and Manhattan is currently investigating Signature Bank for possible lax monitoring practices that may have facilitated money laundering.
COINGABBAR Views: The crypto market has experienced a steady increase over the past four days. However, the US CPI data for February has revealed a concerning inflation rate of 6%. As a result, all eyes are now on the upcoming FOMC meeting. Despite this, the Federal Reserve is still expected to proceed with rate hikes. We would love to hear your thoughts on this matter, so please feel free to share your views in the comment box below. For more information Stay tuned with us at www.coingabbar.com
Also read: Stargate Advises Against Reissuing STG Token Due to FTX Liquidators Concerns
Disclaimer: Crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. As a result, before engaging in any transactions involving crypto products, each investor must perform in-depth examination or seek independent advice.
from Coin Gabbar News https://ift.tt/JLH3p5o
via IFTTT
