
We 11/11 | Daily Crypto & Macro News
Happy Wednesday all!
If you missed the past 24 hours in crypto and stocks, here’s your full recap:
🚨 Major Headlines & Market Moves 🚨
- $BTC is trading around $73,654, down about 1.4% in the past 24 hours.
- Bitcoin slipped under $73,000 again after the hotter CPI print, and over $718M was liquidated from the crypto market in 24 hours.
- US October CPI came in hotter than expected at 0.4% vs 0.3% forecast, the 68th straight month with inflation above the Fed’s 2% target.
- A 25 bps Fed rate hike in December is now fully priced in, and Fed’s Waller says “we need to raise rates to put downward…
The skinny
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