News
Crypto Market Declines Amid Inflation Data
Bitcoin (BTC) and Ethereum (ETH) led the broader cryptocurrency industry in a sell-off over the past 24 hours, driven by hotter-than-expected United States inflation data. Total crypto liquidations soared by nearly $1 billion, with Binance leading all cryptocurrency exchanges in total liquidations at $515.12 million. The total crypto market cap declined by about 2.7% to $2.81 trillion, despite a 49% increase in total trading volume to $111 billion.