The investors seem to have shifted their focus from the digital assets space on Tuesday, November 14, as evidenced by the downturn momentum in the crypto prices today. The market was in the negative territory, after witnessing a bullish run over the past few weeks.
Meanwhile, the recent downturn momentum indicates that the market participants are treading cautiously ahead of the crucial economic data that are scheduled to be released this week. For instance, the consumer price index (CPI) data is expected to be released later today, while the PPI data is anticipated to be released on November 15.
Both the data would be closely watched by the investors, as it would shed light on the current status of the inflation in the U.S. In addition, it would also set the path for the Fed’s future stance with their rate hike plans, which might have an impact on the market.
Talking about the crypto prices, Bitcoin price was down 1.49% to $36,407.85, while its trading volume over the past 24 hours
We współpracy z: https://coingape.com/crypto-prices-today-btc-pepe-decline-while-bgb-rally/
