Inflation in the United States has decreased; Blockfi stops the conclusion
Inflation in the United States was lower than the forecasts of October. This suggests that the economy has passed the inflation peak. Now the Fed may think about softening politics in the next months. Index S&P 500 rose by 5.5% – this is the best day for him for more than two years. Rally began in the Asian markets – Asian benchmars have reached the highest values since March.
The change of mood also partially influenced the stabilization of the cryptocurrency market, which was shocked due to cryptoimperia Sam Bankman-Frid. Bitcoin rose by 4.15% over the past 24 hours and is now trading above $ 17,000, without breaking through the level of $ 18,000. At the same time, the total number of coins https://gagarin.news/news/facebooks-meta-took-another-major-blow/ in transactions awaiting in the mempula has increased. This indicates a possible panic of individual investors and that many users are forced to sell.
ETH behaves in a similar way – it is traded above $ 1200, rising by 5.93% for the same period of time. Altcoins with medium and large capitalization mainly increased. Most of all, the Chz token rose – by 24% for the same period of time. SOL underwent pressure, since Alameda had a large number of these tokens. However, over the past day its price increased by 12.39%.
The whole city is buzzing about this
The cryptocurrency creditor Blockfi announced that he was suspended due to FTX crisis. In recent tweet, the company said that it cannot continue to conduct business as usual due to the vague status of crypto-imperia Banman-Frida. This happened two days after the founder and operating director of Flore Marquez assured investors that all Blockfi products were continuing to work. She also recalled that the company would remain independent at least until July next year, since this summer she entered into an agreement with the FTX US, having received an offer on a renewable loan of $ 400 million with the possibility of purchase. The lender of digital assets has already seriously affected this year from unrest in the cryptocurrency market, including having lost $ 80 million due to the loan of Three Arrows. Now Blockfi is faced with another check of the financial market regulators.