Why is the crypto market down today? By Cointelegraph
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The crypto market is down today, as market volatility increased and investors digest the Federal Reserve’s minutes which indicate that interest rate hikes could extend for longer than most investors expect.
The downturn comes after the Feb. 14 consumer price index (CPI) print showed higher-than-expected inflation, along with increased regulatory enforcement from the United States Securities and Exchange Commission (SEC).
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The crypto market is down today, as market volatility increased and investors digest the Federal Reserve’s minutes which indicate that interest rate hikes could extend for longer than most investors expect.
The downturn comes after the Feb. 14 consumer price index (CPI) print showed higher-than-expected inflation, along with increased regulatory enforcement from the United States Securities and Exchange Commission (SEC).
Continue Reading on Coin Telegraph
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