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Shiba Inu Trades at $0.00000446, Up 0.59% in 24 Hours

The latest reading came hours after the October CPI release showed a 0.4% monthly increase in consumer prices.

An unmarked brass token rests on a rising vermilion plane / TokenPost.ai
An unmarked brass token rests on a rising vermilion plane / TokenPost.ai

The latest Shiba Inu (SHIB) reading showed a 0.59% gain over the preceding 24 hours. The token traded at $0.00000446 as of 01:06 UTC Nov. 11 (8:06 p.m. ET Nov. 10).

The Bureau of Labor Statistics (BLS) released October’s Consumer Price Index at 8:30 a.m. ET Nov. 10 (13:30 UTC). The CPI for all urban consumers rose 0.4% from September, seasonally adjusted, after a 0.6% increase in September. Core CPI rose 0.3% in October.

The monthly figures alone do not indicate whether inflation was above or below market expectations.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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