Breaking: US CPI Rises To 3% Sparking Crypto Market Crash Speculations

The long-awaited US CPI inflation for January comes in hotter at 3% on a year-over-year (YoY) basis, up from the 2.9% noted in the prior month. This hotter-than-anticipated inflation figure has sparked market concerns over a potential crypto market crash ahead. Notably, digital assets have faced immense volatility lately due to macroeconomic concerns and the Fed’s hawkish stance which has weighed on the investors’ sentiment.