Bitcoin markets have entered an unusually subdued phase, with volatility plunging to levels not seen in years as investors adopt a wait-and-see stance before pivotal U.S. inflation data. The cryptocurrency’s Average True Range indicator – a key metric measuring price… Read More »Bitcoin Volatility Hits Multi-Year Low Ahead of U.S. CPI Data Release
Freshly released Consumer Price Index (CPI) data for May has come in lower than anticipated across key metrics, strengthening market expectations for a Federal Reserve interest rate reduction in September. The seasonally adjusted monthly CPI increased by 0.1%, falling short… Read More »Cooling US Inflation Data Boosts Market Bets on Fed September Rate Cut
Ether (ETH) is demonstrating stronger performance relative to Bitcoin (BTC) in current market conditions as cryptocurrency traders closely monitor impending inflation indicators amid widespread anticipation for an altcoin exchange-traded fund (ETF) surge. The market activity reflects shifting capital allocations favoring… Read More »Ether Outperforms Bitcoin as Traders Eye CPI Data and Anticipate Altcoin ETF Season