BTCC
/
BTCC Square
/
CoingabbarEN
/
CPI Data Sparks Crypto Rally—Bullish Traders Pounce as Inflation Cools
CPI Data Sparks Crypto Rally—Bullish Traders Pounce as Inflation Cools
12
3
Fresh CPI numbers just dropped—and the crypto market’s roaring back to life. Traders are flipping bullish as inflation shows signs of easing, pumping Bitcoin and altcoins alike.
Key drivers? Institutional FOMO, short squeezes, and that classic crypto reflex to buy the rumor, sell the news. Even the usual Wall Street skeptics are quietly rotating in.
Bonus cynicism: Nothing like a macroeconomic report to make decentralized finance suddenly care about centralized economic indicators. The irony’s thicker than a Bitcoin maximalist’s spreadsheet.
The world’s crypto market is displaying a new wave of green today, as the overall market cap has moved up to $3.48 trillion, with a 0.7% increase in the past 24 hours. All cryptocurrencies’ combined trades volume is also on the higher side at $157 billion, as report... Read More
By:
