On today's episode of CNBC Crypto World, major cryptocurrencies end the week lower after a new read on the Fed's preferred inflation gauge showed costs rose in line with expectations. At the same time, positive jobless claims data released on Thursday and an upward revision to GDP raised concerns the Fed could rethink additional rate cuts. And Max Gokhman, deputy chief investment officer of Franklin Templeton Investment Solutions, discusses what's driving the crypto market sell-off.

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