🔴 Hot US CPI quickly hit crypto longs ⚡ The BLS reported that consumer prices rose 0.4% in October, versus expectations of 0.23%, and around $200 million in leveraged long positions were liquidated within five minutes, according to BeInCrypto. The core inflation rate remained at 0.3% for the third consecutive month, while the probability of a Fed rate hike in December was already at 84% beforehand.

How do inflation data affect your use of leverage or P2P orders? 👇

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