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Shiba Inu falls to its 4-month lows days after the CPI data shows inflation in the US at 8.2%. The inflation rates are down 0.4% since last month indicating that the Feds interest rate hikes to combat inflation isn’t working. Shiba Inu fell to $0.000009385 in its day’s lows touching its June 2022 levels. However, the crypto has slightly managed to come out of its 4-month lows on Friday after spiking 8% in the indices. Nonetheless, SHIB is still hovering at its lower levels of June 2022. Also Read: Shiba Inu: Will Shibarium Burn 100 Trillion Tokens? Shytoshi Responds Source: TradingView.com Friday’s bottom is the lowest level that Shiba Inu traded since June 21 this year. If the markets shed their gains during the weekend, SHIB could fall below its 4-month lows . Is This The Right Time To Accumulate Shiba Inu? The global economy is weak and both the stock and crypto markets traded in the red in October. Inflation is not brought under control despite mul...

Bitcoin, the world’s leading cryptocurrency is hovering around the $19,400 mark on Monday. The king crypto briefly crossed $20,000 last week before falling to the $19K levels again. BTC is facing stiff resistance at $24,900 and is repeatedly being rejected at these levels since August 2022. The crypto is currently unable to push its value above the $20,000 mark and it is mostly trading sideways in October. Also Read: Bitcoin dominance at 2018 support level: Recovery finally? Bitcoin Latest News Today Source: Wallpaperflare.com The progress toward the next Bitcoin halving currently surpassed 60% on Sunday. As per estimates, the complete BTC halving might occur during the second half of 2023. However, many other statistics estimate that the Bitcoin halving might complete only in 2024 and not in 2023. Source: buybitcoinworldwide.com You can read more details about Bitcoin halving hashrate here for a better understanding. BTC Price Prediction The S&P 500 index is...