Shibaura fell to a four-month low on Thursday as U.S. consumer prices rose more than expected, with the U.S. inflation rate for September at 8.2%, above the consensus forecast of 8.1%. Solana was also in the red, hitting a multi-month low.
Shiba Inu (SHIB)
Shibaura (SHIB) fell to a four-month low on Thursday as the market reacted to the latest U.S. inflation report.
Consumer prices rose to 8.2% y/y in September, beating expectations of 8.1%.
As a result, SHIB/USD fell to an intraday low of $0.000009385, nearly 8% lower than yesterday’s high.