Crypto and global markets plunge as hot US inflation revives Fed fears

U.S. stocks fell sharply after hotter-than-expected September inflation data revived concerns about higher rates. The selloff hit tech, AI infrastructure, and Bitcoin mining stocks, with several miners dropping by double digits as expectations for an October Fed hike rose.
AI Analysis
Hotter-than-expected inflation data raised rate concerns and triggered a broad selloff that included Bitcoin mining stocks, with several miners falling by double digits.
Source Articles