Markets are showing renewed optimism as the total cryptocurrency market cap has surged past $4 trillion, with 95 of the top 100 coins appreciating in the last 24 hours. This bullish wave is supported by macroeconomic factors, including cooler-than-expected U.S. producer price inflation data, whic... ... Read full CryptMarket Analysis — 11-09-21
Inflation at the wholesale level came in faster than forecast last month in another disappointment to investors and policymakers hoping for cooling price pressures.The Producer Price Index (PPI) rose 0.4% in January versus economist forecasts for 0.3% and 0.2% in December. On a year-over-year basis,…
Bitcoin held $96,000 at the Jan. 14 Wall Street open as US macro data boosted a price comeback.Bitcoin joins stocks in PPI confidenceData from Cointelegraph Markets Pro and TradingView showed extending gains, which began hours after the pair hit two-month lows the day prior.Up more than 2% on the …