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Ether surges 7.46% to $2,619 after US inflation meets expectations

  • Ether rose after US inflation data matched expectations
  • Ether gained 7.46% to reach $2,619
  • US inflation grew 3.4% annually, triggering a relief rally

Ether rose 7.46% to $2,619 after US inflation increased 3.4% annually, matching expectations. The data triggered a relief rally as investors responded positively to the absence of a worse inflation reading, while short sellers began buying.

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