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Crypto Market Plummets to $2.62 Trillion Amid Inflation Worries

Guavy AI Editorial Team
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BTC ETH XRP
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The cryptocurrency market experienced a decline of 2.18% to $2.62 trillion on September 10, following hotter United States inflation data.

Bitcoin's price dropped below $77,000, while Ethereum slipped toward $2,470 and XRP traded near $1.38.

The decline was triggered by an August producer inflation report that revived concerns about a Federal Reserve rate increase, rising oil prices, leveraged liquidations, and crypto ETF outflows.

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