Sui, a decentralized layer-1 blockchain touted as a "Solana killer," experienced a major outage on Nov. 21, halting block production for over an hour. Ironically, Sui went down while aiming to outshine Solana, a network notorious for its own downtime. $SUI
💡 Today we will talk about the CPI. CPI is a major indicator that measures the change in commodity prices in a country. This directly affects the crypto market.
📈 When the CPI value increases (inflation increases), crypto prices can go down. Also, when the CPI value goes down, crypto prices can go up.
📅 CPI data is released on the 13th of every month. Since the market is volatile these days, a trader has to pay special attention.
⚡️ Pro Tip: Don't forget to put stop-loss orders in your trades. Use reputable platforms like Trading View for accurate market data.