BNB Recovers 5%, BTC Remains Calm at $26K After CPI Announcement (Market Watch)

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While BNB is up by 5%, XRP has retraced by the same percentage to just over $0.5.

However, that was short-lived, as the cryptocurrency lost all of its immediate gains. Furthermore, bitcoin kept dumping and fell to $25,700 less than an hour after the CPI numbers came out.

The bulls stepped up at this point and didn’t allow any further declines. They pushed BTC up to $26,000, but the asset has failed to decisively overcome that level as of now and trades just shy of it.This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:Nevertheless, its market capitalization has maintained above $500 billion, and its dominance over the altcoins is still north of 47.5%.

 

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