The latest US inflation data is out.
đ CPI increased 0.4% in August, up from 0.1% in July, while annual inflation remained at 3.4%.
Core CPI, which excludes food and energy, rose 0.3% month-over-month and 2.4% year-over-year.
The hotter-than-expected inflation reading could keep pressure on the Fed and may bring more volatility across the crypto market.
Keep an eye on BTC and altcoins as traders react to the data. â ïž
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