Crypto Blog
Bitcoin’s price slumped hard yesterday following the latest US CPI announcement but went on the offensive hours later and currently flirts with the $71,000 line.
Moreover, DOGE, TON, NEAR, WIF, VET, and ETC have had impressive gains over the past day or so, with TON and WIF surging by about 9%.BTC had fallen below $66,000 on Friday but started to regain traction during the weekend and even challenged the $70,000 level on Sunday. However, it was short-lived as the bears managed to intervene.
However, the bulls stepped up on the gas pedal once again on Monday, and this time, the asset flew past the round-numbered milestone. In fact, the cryptocurrency soared to a four-week peak of just over $72,500 later on the day.to the scene, though, and drove Bitcoin south once again. This retracement intensified yesterday when the US announced higher-than-expected CPI numbers for March. Minutes later, BTC found itselfThis is all you need not to miss any price action in the raging crypto markets.
In contrast, most of the larger-cap alts are in the green. ETH has pumped to $3,600, BNB sits at around $600, while DOGE and TON have jumped by 7% and 9%, respectively.Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
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