Biggest Movers: SHIB, SOL Fall to 4-Month Lows, US Inflation Higher Than Expected – Market Updates Bitcoin News

  • 📰 BTCTN
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

SHIB falls to lowest point since June, as U.S. inflation falls to 8.2%.

U.S. inflation came in at 8.2% in September, which is higher than the 8.1% consensus expectation. Solana was in the red as well, as the token also hit a multi-month low.Shiba inu dropped to a four-month low on Thursday, as markets reacted to the latest U.S. inflation report.

As a result of this, SHIB/USD fell to an intraday low of $0.000009385, which is nearly 8% lower than yesterday’s high of $0.00001025.Today’s bottom is the lowest level that the meme coin has traded at since June 21, and the low comes as a key support point was broken. Solana bulls were also mostly slaughtered in today’s session, as the token fell to its lowest point since June.

The move saw the solana fall below a floor of $30.40, hitting its weakest point since June 18 as a result.As seen on the chart, this latest decline pushed the 10-day moving average to cross over below its 25-day counterpart.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I think it makes no sense to spend usdt to buy such risky projects

One more dip to spend USDT on.

SHIBARMYSTRONG

that's why it's not worth spending USDT on memecoins

Not very fast, but I believe it will be better in the long run. The team really works hard. they are forming a partnership

But new project are not daring as shib.

Welcome zero

Crazy returns in airdrop now 🎁

Why dont they want us to know this

Get more coins👉

Airdrop campaign now ✅

Airdrop Don't be late 🤯

Why is everybody silent on this?

How come no one is talking about this!

Why is everybody silent on this?

How come no one is talking about this!

The craziest airdrop is Live 💰

Why dont they want us to know this

Why is everybody silent on this?

It's live now airdrop on👏

How come no one is talking about this!

Limited airdrop time offer 👉

Crazy returns in airdrop now 🎁

Get more coins👉

Airdrop campaign now ✅

I am a professional crypto trader and analyst, join my free telegram channel for more updates with the link below

Limited airdrop time offer 👉

Get more coins👉

Why you not talking about this!!

Why dont they want us to know this

Why is nooboody talking aboout this?

Airdrop campaign now ✅

Why is noobody talking about this!

How come everyone is silent on this

The craziest airdrop is Live 💰

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 531. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Shiba Inu’s Performance Indicates “Brutal” Bear Market, Bloomberg Analyst SaysJoe Weisenthal, co-host of the “Odds Lots” podcast, has suggested that Shiba Inu’s shrinking valuation might be a sign of a “brutal” bear market ما هو السبب !؟ Makan bang Why is the mediaa keeping thiss a secret?
Source: Utoday_en - 🏆 295. / 63 Read more »