The crypto prices today noted significant gains, as the investors seem to have lauded the latest economic data. The U.S. Consumer Price Index and Producer Price Index, two important data to gauge inflation, have been released this week, which have fuelled confidence of the investors.
The latest data showed that the U.S. inflation cooled in October, suggesting that the Federal Reserve may consider a dovish stance with their policy rate hike plans at their upcoming gatherings. Notably, the U.S. CPI has come in at 3.2%, as compared to the market anticipation of 3.3%, while the U.S. PPI rose 1.3% in October, as compared to a 2.2% surge in the prior month. Also, the U.S. PPI data was down from the market estimates of 1.9%.
Among the crypto prices, Bitcoin price noted gains of 5.57% to $37,480.51, with a 21.93% rise in its past 24-hour trading volume to $28.24 billion. Over the last 30 days, BTC has added around 37%, indicating the growing confidence of the investors towards the crypto.
In a
We współpracy z: https://coingape.com/crypto-prices-today-market-rallies-as-btc-pepe-coin-rndr-surge/
