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Panic gripped the cryptocurrency market after inflation in the US

gives p American inflation, which closed above estimates, surprised the markets. Those equivalents slowed it down. We see an increase in sentiment on risky assets:

Ethereum, interval H1. Value inflation he made a sharp fall and stopped ET in rising above the average of the 200 sessions, which is now the eighth key of the period of resistance of the mole (around 1730 U.S. dollar). The RSI immediately cooled from around 70 to less than 30 points, illustrating the sellers’ panic reaction. Source: xStation5


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