Consumer price inflation readings from the U.S. released on Wednesday morning exceeded expectations, leading to a decline in sentiment within the cryptocurrency market. Overall market capitalisation has decreased by nearly half a percent overnight, while the market leader Bitcoin fluctuated between $84,049 and $82,283. The U.S. Bureau of Labour Statistics released the consumer price inflation … Read more
Anxiety ahead of the release of consumer price inflation readings from the U.S. on Wednesday weighed on market sentiment in the cryptocurrency market. Bitcoin, however, demonstrated resilience against the prevailing bearish trend. Overall market capitalisation has experienced a decline of less than 0.1 percent overnight, while the leading cryptocurrency fluctuated between $84,061 and $80,963. The … Read more
A sense of careful hope fills the crypto markets as excitement grows in anticipation of the discussions between the U.S. and Iran. Positive inflows into Bitcoin and Ethereum Spot ETF products listed in the U.S. boosted market sentiment. Inline readings of headline inflation and core inflation levels that did not meet expectations from the U.S. … Read more
The total market capitalization of cryptocurrencies has seen a significant increase of more than 4 percent in the last 24 hours. This upward momentum is largely attributed to substantial gains in major cryptocurrencies, which together account for nearly 79 percent of the total market. Ethereum surged impressively, gaining 5.2 percent overnight, while another major cryptocurrency … Read more
