JPMorgan & Wall Street Giants See Hot US CPI Inflation at 4.2%, Bitcoin, ETH, XRP to Fall?

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CryptoNewsNet2026/06/10 13:57

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JPMorgan & Wall Street Giants See Hot US CPI Inflation at 4.2%, Bitcoin, ETH, XRP to Fall?

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JPMorgan & Wall Street Giants See Hot US CPI Inflation at 4.2%, Bitcoin, ETH, XRP to Fall? image 1

The US stock market and global crypto market are facing renewed selling pressure ahead of today’s US CPI inflation data release. JPMorgan, Morgan Stanley, Citigroup, and other Wall Street giants anticipate a hotter-than-expected CPI print, raising the risks of a Fed rate hike and selloffs in Bitcoin, Ethereum ($ETH), and $XRP.

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On Friday, Coinbase, Strategy, and some cryptocurrency mining stocks rose by over 10%. Earlier this week, on Tuesday, the milestone cryptocurrency market structure bill, CLARITY Act, faced obstacles in the U.S. Senate. However, on Thursday, both regulatory agencies moved forward with their respective regulatory frameworks under their own authority. The SEC introduced an “innovation exemption,” granting temporary and conditional exemptions to eligible tokenized securities trading platforms. Simultaneously, the CFTC eased restrictions by issuing a new "no-action" position for passive software providers.

华尔街见闻•2026/09/18 21:51