Cryptocurrency markets trade flat as Eurozone inflation hits record 9.1%

2022-8-31 12:55

Eurozone consumer inflation rose to its highest-ever level at 9.1%, putting additional pressure on the European Central Bank (ECB) to hike rates.

Cryptocurrency markets continued to trade flat as the news broke. Market leader Bitcoin is up 0.1% during the last hour, while Ethereum is up 0.25% over the same period.

Meanwhile, European indices reacted by selling off, the DAX is down by over 100 points, and the FTSE fell by 77 points.

The ECB is scheduled to meet on September 8, where analysts expect officials to implement a massive rate hike to reign in out-of-control food and energy prices. A 75 basis point hike is likely, considering the scale of price pressures.

The post Cryptocurrency markets trade flat as Eurozone inflation hits record 9.1% appeared first on CryptoSlate.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Safe Trade Coin (XSTC) на Currencies.ru

$ 9.68E-5 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $9.68E-5 - H: $9.68E-5
Капитализация $31.642k Rank 99999
Доступно / Всего 326.829m XSTC

eurozone inflation record cryptocurrency hits trade markets

Источник: cryptoslate.com

eurozone inflation → Результатов: 3


Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Polymarket survives post-election drop-off though volume falls 60%

Polymarket, the leading platform for prediction markets, exhibited groundbreaking activity across its markets over recent months. With the US presidential election, major sporting events, and significant crypto milestones as central topics, the data illustrates significant user drop-off after the election.

You Won’t Believe What Planet Mojo’s AI Agent Emma Can Do!

Explore the future of gaming with Emma, the intelligent AI companion who is revolutionizing the industry with her interactive gameplay and real-time decision-making. The post You Won’t Believe What Planet Mojo’s AI Agent Emma Can Do! appeared first on NFT News Today.

The Ultimate Guide to Earning with Web3 Crypto Games

Discover how blockchain gaming offers various earning opportunities, from investing in gaming startups to participating in play-to-earn games and trading NFTs. The post The Ultimate Guide to Earning with Web3 Crypto Games appeared first on NFT News Today.

Overtake Airdrop Explained: GameFest Launchpools and How to Earn $OVT

Overtake Airdrop: GameFest offers players 85 million $OVT in rewards through interactive tasks, launchpools, and unique gameplay experiences. Learn how to participate. The post Overtake Airdrop Explained: GameFest Launchpools and How to Earn $OVT appeared first on NFT News Today.