CPI Report Triggers Market Tumble: Stocks and Crypto Decline as Inflation Concerns Mount
![CPI Report Triggers Market Tumble: Stocks and Crypto Decline as Inflation Concerns Mount](https://cryptoinvestment.at/wp-content/uploads/2024/02/cpi-report-triggers-market-tumble-stocks-and-crypto-decline-as-inflation-concerns-mount.jpg)
On Tuesday, the U.S. Bureau of Labor Statistics released its Consumer Price Index (CPI) report, indicating a 0.3% rise in January. Following the release, all three major stock indices experienced a decline, Treasury yields climbed, and crypto assets took a hit, moving downward from their recent peaks. Stocks Dip, Crypto Slumps as January CPI Data […]