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Jim Cramer Advises #Investors to Sell #GameStop ($GME) and #AMC Entertainment Shares

#Crypto #CryptoNews #Cryptomarket #Memecoin

Source: @CNBC

🔵 Cramer warns GameStop and AMC's surge driven by social media hype.

🔵 GameStop's high valuation questioned, trailing behind competitors in performance.

🔵 AMC faces financial woes despite cash influx, risking future investor harm.

🔵 Cramer advises caution, suggesting selling AMC stocks, emphasizing careful decision-making.
Breaking : #USCPI- inflation falls to 3.4%.

🔵April's #CPI report released: #Inflation drops to 3.4% from a year ago, as forecasted by economists.

🔵 Consumer-price index up by 3.4% last month, meeting expectations.

🔵 #Cryptomarket reacts positively: #Bitcoin jumps to $63,674.01 post-CPI announcement.

🔵 #Altcoins also rise in response to Bitcoin's surge, reflecting overall market momentum.
🔵 Global #cryptomarket cap: $2.31 trillion, up by 2.25% in the last day.

🔵 Total #crypto market volume in the past 24 hours: $74.53 billion, marking an 8.92% increase.

🔵#DeFi volume stands at $5.86 billion, comprising 7.87% of the total crypto market volume in the last day.

🔵 #Stablecoins contribute $70.23 billion to the total crypto market volume, accounting for 94.23%.

🔵#Bitcoin dominance: 54.35%, rising by 0.64% due to the expected US CPI drop to 3.4%.
The latest CPI report shows inflation easing to 3.4% in April, right in line with expectations.

In response, the crypto market is on the rise!

Bitcoin has surged to $63,674.01, and other altcoins are following suit.



#Crypto #Bitcoin #CPI #Inflation #Coinpedia