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The U.S. March unadjusted CPI year-over-year dropped to 2.4%, down from 2.8% last month and below the 2.6% market expectation. While this signals cooling inflation, the market reaction has been muted.
How will this impact the Fed rate cut expectations and the crypto market? Share your thoughts with #CPIDataComing for a chance to win a $50 reward!
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Hamster Kombat's volume rose 3720% in the first ten days of this month, approaching 1.5 billion USD.
Odaily Planet Daily News At the beginning of this month, the HMSTR Token volume rose by 3,720%, reaching nearly $15 billion despite a loss of 259 million players (a decrease of 86% from the peak of 3 billion players in July). On November 9th, HMSTR volume soared from $39 million at 00:27 GMT to $496 million at 14:03 GMT. The next day, despite a slight decrease in the number of players, the volume surged again to 14.9 billion US dollars, reaching a new historical high. It is currently unclear what caused the sudden increase in volume. Its price also soared 125% from $0.002638 to $0.005954 (currently falling back). However, HMSTR's volume and price subsequently dropped to $160 million and $0.003931 in the next four days, down 89% and 33% respectively. In addition, IntoTheBlock data shows that the number of daily active Addresses has dropped from about 700,000 at the end of September to only 20,000 recently. (Protos)