On February 12th, recent figures from the Consumer Price Index (CPI) have influenced the momentum of the crypto market, leading to a notable downturn in pre-market trading for various U.S. stocks associated with the cryptocurrency landscape. The decline was widespread, affecting major players including Coinbase (COIN), which saw a decline of 0.8%. Similarly, Trump Media & Technology Group (DJT) experienced a decrease of 0.59%, while Strategy (formerly MicroStrategy) fell by 0.6%. Both MARA Holdings (MARA) and Riot Blockchain (RIOT) observed reductions of 0.6% and 0.7%, respectively. This trend underscores the sensitivity of crypto-related equities to economic indicators, particularly those connected to inflation data. Investors should remain vigilant as shifting economic sentiments can significantly impact market movements within the crypto sphere.
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