According to BlockBeats, the cryptocurrency market experienced an overall upward trend on December 11, influenced by the release of the U.S. Consumer Price Index (CPI) data, which met market expectations.
BlockBeats previously reported that the U.S. CPI for November, not seasonally adjusted, showed a year-on-year increase, marking the second consecutive month of growth. The CPI rose to 2.7%, aligning with market forecasts and reaching a four-month high. This data release has contributed to the positive momentum observed in the crypto market.