Daily Market Update: Crypto Market Gains as Stock Futures Drop Wednesday

TLDR Bitcoin climbed above $95,000 with a 4% gain while Ethereum surged 7% to reach $3,330 on Wednesday US inflation data came in below expectations, boosting crypto prices and reinforcing rate cut expectations Crypto futures saw $688 million in liquidations with short sellers losing $603 million as prices rallied Stock market futures declined with Dow [...]

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