đ Ether & Dogecoin Surge, Bitcoin Defends $118K as CPI Data Ignites Rate Cut Frenzy
Crypto markets flex bullish momentum as inflation data reshapes Fed expectationsâtraders pile into risk assets while Wall Street scrambles to keep up.
Altcoins steal the spotlight
Ethereum and Dogecoin lead charge with double-digit gains, leaving legacy assets in the dust. Meme coins proving theyâve got more barkâand biteâthan skeptics predicted.
Bitcoinâs fortress holds
The $118K support level becomes cryptoâs Maginot Line as institutional flows surge. Meanwhile, gold bugs weep into their inflation-adjusted spreadsheets.
CPI numbers just handed crypto maximalists their best ammunition since the last banking crisis. Will traditional finance finally admit digital assets are the inflation hedge they pretended gold could be? (Spoiler: Theyâll need another 200% rally first.)