The Consumer Price Index released yesterday showed an 8.3% YoY inflation, instead of the expected 8.1%. As a result, the crypto market crashed hard. Bitcoin price dropped over 10% in the last 24 hours. Meanwhile, Ethereum dropped another 8%. However, the Producer Price Index data about to be revealed can start a major crypto rally. The post A Strong Crypto Rally Is Set To Recoup Yesterday’s Loss, Here’s Why appeared first on CoinGape.
