- Inflation report highlights lowest growth rate since 2021; government data constraints.
- U.S. inflation up 2.7% year-on-year in November; slowed from prior months.
- No significant crypto market impact; reactions limited by lack of data.
The U.S. Bureau of Labor Statistics reported a year-on-year core CPI rise of 2.6% in November, marking the lowest growth since early 2021..
This inflation report, limited by the government shutdown, creates uncertainty but lacks any direct impact on the cryptocurrency market or related financial assets.
Limited Crypto Market Reaction to Inflation Data
Did you know? The 2018-2019 U.S. government shutdown delayed economic reporting, causing short-term market uncertainty, yet crypto markets remained largely unaffected in the long run.
The recent inflation report has sparked little change in financial markets compared to previous shutdown-induced delays. Financial experts anticipate minimal long-term impacts, reinforcing the view that broader economic conditions, rather than transient data interruptions, drive underlying market trends.
For more information on how the crypto markets interacted with such economic changes, check out the insights at crypto markets.
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