{"id":9051,"date":"2025-02-12T16:36:14","date_gmt":"2025-02-12T16:36:14","guid":{"rendered":"https:\/\/icobench.com\/?p=9051"},"modified":"2025-02-12T16:36:14","modified_gmt":"2025-02-12T16:36:14","slug":"meme-coins-retreat-nearly-5-as-inflation-surges-how-the-best-crypto-presales-are-doing","status":"publish","type":"post","link":"https:\/\/icobench.com\/news\/meme-coins-retreat-nearly-5-as-inflation-surges-how-the-best-crypto-presales-are-doing\/","title":{"rendered":"Meme Coins Retreat Nearly 5% As Inflation Surges \u2013 How the Best Crypto Presales Are Doing?"},"content":{"rendered":"
The aggregated market value of meme coins, as tracked by CoinMarketCap, has dropped by nearly 5% in the past 24 hours to $67.8 billion as today\u2019s inflation report in the United States panicked investors.<\/p>\n
According to the Bureau of Labor Statistics (BLS), the country\u2019s Consumer Price Index (CPI) rose by 0.5% in January compared to a year ago. This figure was 20 basis points higher than analysts\u2019 consensus for the period and it debunked the notion that the Federal Reserve could accommodate additional rate cuts in the near term.<\/strong><\/p>\n CPI for all items rises 0.5% in January; shelter up #BLSData<\/a> https:\/\/t.co\/dJyJeKlXDJ<\/a><\/p>\n \u2014 BLS-Labor Statistics (@BLS_gov) February 12, 2025<\/a><\/p><\/blockquote>\n\n