Crypto Daily Roundup, 15 Nov: Crypto market Slides Amid Uncertainty

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Crypto News Key Highlights:
October's inflation report suggests a successful Fed battle against rapid inflation, with the Consumer Price Index slowing to 3.2% YoY. Core prices rose 4%, less than expected, indicating positive economic cooling. Stock markets surged as hopes grew for a pause in rate hikes. The report boosts confidence in the Fed's strategy.

FTT, FTX ecosystem's native token, surged 180% last week on hopes of FTX 2.0 relaunch, triggered by SEC Chair Gary Gensler's comments. FTT's trading volume and price rose, signaling optimism. Despite FTX's past challenges, FTT is up 232% from October lows, trading at $3.22. Speculations surround Tom Farley as a potential FTX buyer.

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