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Bitcoin and Ethereum Keep Inching Higher, CEL Doubles in a Week


Bitcoin price formed a strong base above USD 22,650 and rallied on US inflation news yesterday. BTC is now (03:59 UTC) trading near the USD 24,400 level and is up over 6% in a day and almost 7% in a week. Similarly, most major altcoins are eyeing more upsides. ETH rallied over 12% and surpassed...

Biggest Movers: AVAX Nears Highest Level Since May, ETC Moves Towards $40


Avalanche rallied on Wednesday, as the token broke out of a key resistance level on its way towards a multi-month high. Crypto markets mostly rallied as the session progressed, following the release of the latest U.S. inflation numbers. Ethereum classic was one such token, as it moved closer...

US Inflation Slows Down in July, Bitcoin and Ethereum Jump


July’s US consumer price index (CPI) has seen a rise of 8.5%, or smaller than expected, suggesting an inflation peak and potential cool-off, after hitting 9.1% in June. (This is a developing story and will be updated as new details emerge.) Bloomberg-surveyed economists estimated that inflation...

Bitcoin and Ethereum Gain Bearish Momentum, Altcoins Slide


Bitcoin price started another decline below the USD 23,500 support zone and moved below the USD 23,000 level. It is currently (04:03 UTC) trading near USD 22,900 and is down over 4% in a day and almost 1% in a week. Similarly, most major altcoins are gaining bearish momentum. ETH is down 6%...

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