Market Wrap: Bitcoin Trades Higher Amid Muted Expectations for Next Inflation Reading

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MARKET WRAP: Crypto investors kept $BTC in the narrow range it has been occupying for weeks, as Thursday’s Consumer Price Index release approaches. GWilliamsJr_CMT and _jocelynyang_ report

The two bellwethers within the crypto landscape traded higher on Wednesday as bitcoin and ether rose 0.42% and 1.34%, respectively.trading volume continues to fall below its 20-day moving average, highlighting a decline in activity. The trend also indicates that markets will continue to trade in a range for the foreseeable future. BTC began the 13:00 UTC hour testing $19,150 before reverting to its current level.

Oil prices are likely to increase following OPEC’s decision last week to reduce oil production. A rift between the U.S. and Saudi Arabia could create additional ripples in energy markets.

 

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GWilliamsJr_CMT _jocelynyang_ It was a great time to accumulate. I spent as much usdt as I could to buy bitcoin

GWilliamsJr_CMT _jocelynyang_ Airdrop Don't be late 🤯

GWilliamsJr_CMT _jocelynyang_ Why dont they want us to know this

GWilliamsJr_CMT _jocelynyang_ Crazy returns in airdrop now 🎁

GWilliamsJr_CMT _jocelynyang_ Crazy returns in airdrop now 🎁

GWilliamsJr_CMT _jocelynyang_ Why you not talking about this!

GWilliamsJr_CMT _jocelynyang_ Why are they keeping this a secret

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