“Bitcoin rose above $88,000 on the pleasing news as forecasts had been for inflation to continue to run above 3%.”, — write: www.coindesk.com
The Consumer Price Index (CPI) rose 2.7%. on a year-over-year basis in November, according to a Thursday report from the Bureau of Labor Statistics. Economist expectations had been for a rise of 3.1% and the previous reading was 3%.
Core CPI — which excludes food and energy — rose 2.6% against forecasts for 3% and 3% previously.
Monthly data was not included as the BLS statisticians continue to suffer the effects of October’s government shutdown.
Market reaction was swift. with bitcoin BTC$88,938.30 adding about 0.5% to earlier gains, now trading back above $88,000. US stock index futures also added to earlier gains, the Nasdaq 100 now ahead by 1.15%. The 10-year Treasury yield slipped two basis points to 4.12%.
Ahead of the data, markets were pricing in a 73% probability that the Federal Reserve would leave interest rates unchanged at its January meeting, according to the CME FedWatch tool.
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence’s Token Security API averaged 717 million monthly calls year-to-date in 2025, with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch, the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B, while derivatives volume peaked the same month at over $4B.
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Despite increased whale accumulation, both DOGE and SHIB face selling pressure unless they reclaim key technical levels.
- Dogecoin and Shiba Inu continue to underperform compared to broader crypto markets, highlighting ongoing de-risking in speculative assets.
- Despite increased whale accumulation, both DOGE and SHIB face selling pressure unless they reclaim key technical levels.
- Recent regulatory developments for SHIB have not translated into immediate price gains, as technical factors dominate meme coin trading.
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