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Ethereum, XRP, PI fall as US PPI inflation reaches 6.5%

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Ethereum, XRP, PI fall as US PPI inflation reaches 6.5%

Ethereum, XRP and PI face selling pressure as US annual PPI reaches 6.5%, with analysts watching ETH at $1,900, XRP at $0.99 and PI resistance.

Directly affected

  • No company is named in this report.

Indirectly affected

  • IBIT iShares Bitcoin Trust-7.4% 30d

    iShares Bitcoin Trust: it follows bitcoin. Linked by “ethereum” (crypto) in this story.

  • TIP iShares TIPS Bond ETF+0.7% 17d

    iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story.

  • COIN Coinbase Global-28.6% 30d

    Coinbase Global (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “ethereum” (crypto) in this story.

  • MSTR Strategy-14.5% 30d

    Strategy (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “ethereum” (crypto) in this story.

  • MARA MARA Holdings-35.9% 9d

    MARA Holdings (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “ethereum” (crypto) in this story.

  • RIOT Riot Platforms-9.5% 30d

    Riot Platforms (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “ethereum” (crypto) in this story.

  • WMT Walmart+19.7% 30d

    Walmart (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.

  • COST Costco Wholesale+18.6% 30d

    Costco Wholesale (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
IBITPrices arriving within minutes———after closeafter closeafter closeafter close
TIPPrices arriving within minutes———after closeafter closeafter closeafter close
COINPrices arriving within minutes———after closeafter closeafter closeafter close
MSTRPrices arriving within minutes———after closeafter closeafter closeafter close
MARAPrices arriving within minutes———after closeafter closeafter closeafter close
RIOTPrices arriving within minutes———after closeafter closeafter closeafter close
WMTPrices arriving within minutes———after closeafter closeafter closeafter close
COSTPrices arriving within minutes———after closeafter closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Ethereum, XRP, PI fall as US PPI inflation reaches 6.5% Crypto News

Source: Crypto News

Congressional trades in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

How solid “Ethereum, XRP, PI fall as US PPI inflation reaches 6.5%” looks

12 out of 100

“Ethereum, XRP, PI fall as US PPI inflation reaches 6.5%” scores 12 out of 100. The score uses 1 sources.