scorecardresearchFTX Debacle: Asian shares fall ahead of U.S. CPI, crypto worries mount

FTX Debacle: Asian shares fall ahead of U.S. CPI, crypto worries mount

Updated: 10 Nov 2022, 08:12 AM IST
TL;DR.
With no final results available from the U.S. mid-term elections, investors were turning to the upcoming inflation data later in the day, which are likely to show a decline in both the monthly and yearly core numbers for October to 0.5% and 6.5%, respectively, according to a Reuters poll.
FILE - An advertisement for Bitcoin cryptocurrency is displayed on a street in Hong Kong, on Feb. 17, 2022.  Bitcoin slumped to a two-year low, Wednesday, Nov. 9, and other digital assets sold off following the sudden collapse of crypto exchange FTX Trading, which has been forced to sell itself to larger rival Binance. (AP Photo/Kin Cheung, File)

FILE - An advertisement for Bitcoin cryptocurrency is displayed on a street in Hong Kong, on Feb. 17, 2022. Bitcoin slumped to a two-year low, Wednesday, Nov. 9, and other digital assets sold off following the sudden collapse of crypto exchange FTX Trading, which has been forced to sell itself to larger rival Binance. (AP Photo/Kin Cheung, File)