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Why is Crypto Market Up Today: CPI Data Ignite Bullish Rally?

Why is Crypto Market Up Today: CPI Data Ignite Bullish Rally?

Published:
2025-05-14 15:19:01
22
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The cryptocurrency market is experiencing a bullish surge, with the global market capitalization rising to $3.48 trillion, marking a 0.7% increase in the past 24 hours. Trading volumes have also spiked, reaching $157 billion as investors react to favorable CPI data.

Market sentiment has turned decisively optimistic, with traders interpreting the latest economic indicators as a green light for risk assets. The rally appears broad-based, cutting across major cryptocurrencies and altcoins alike.

|Square

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