Bitcoin and Ether prices jumped in Friday morning trading in Asia after the December U.S. Consumer Price Index (CPI) released overnight rose 6.5% year-on-year, which was in line with expectations and lower than inflation readings in previous months. All other top 10 non-stablecoin cryptocurrencies rose. The total crypto market capitalization increased 4.78% to US$906.87 billion, while trading volume surged 91.6% to US$66.17 billion. (forkast)
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Markets: Bitcoin, Ether Prices Jump as U.S. Indicator Shows Inflation Pressure is Easing
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