Benefiting from the CPI Data, Ethereum Surges Above $4000 Temporarily

BlockBeats News, October 24th, according to HTX market data, driven by the positive CPI data, Ethereum briefly broke through $4,000, currently trading at $3,997.32, with a nearly 1% hourly increase.

Bitcoin is currently trading at $111,735, with a nearly 0.67% hourly increase.

Previous reports indicated that the U.S. September seasonally adjusted core CPI month-over-month rate was 0.2%, below the expected 0.3% and the previous value of 0.3%.