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Bitcoin, Ethereum Move Lower Following CPI Data; Cosmos Becomes Top Loser

Bitcoin BTC/USD moved lower, with the cryptocurrency prices trading below the $37,000 level on Tuesday.

Ethereum ETH/USD also recorded losses, but traded above the key $2,000 mark this morning.

Bitget Token BGB/USD was the top gainer over the prior 24 hours, while Cosmos ATOM/USD turned out to be the biggest loser.

The annual inflation rate in the U.S. eased to 3.2% in October versus 3.7% in both September and August, and compared to market estimates of 3.3%.

At the time of writing, the global crypto market cap fell to $1.39 trillion, recording a 24-hour decline of 1.6%. BTC was trading lower by 1.4% at $36,423 while ETH fell by around 1.2% to $2,030 on Tuesday.

Here are the top ten crypto…

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