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Mapping Ethereum’s price reaction to December’s CPI data

The latest Consumer Price Index report revealed a 2.9% inflation rate for December, causing a significant market response.

Post-CPI, Ethereum’s price rose by over 7% to around 3,451 USD while Bitcoin increased by 4.12%, impacting investor sentiment.

Total liquidations reached about 330 million USD, with Ethereum’s share at 67 million USD, indicating heightened volatility in the crypto market.

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