Bitcoin Price Eyes $61K After Promising PPI Numbers, Toncoin Rises 7% (Market Watch)

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Bitcoin’s price has risen by almost two grand since yesterday, following the better-than-expected core PPI numbers in the States.The primary cryptocurrency had a positive end to the previous business week as it shot up to almost $63,000 on Friday. This meant that the asset had recovered over $13,000 since itsHowever, the bears were quick to intercept the move at this point, and BTC couldn’t maintain its run. It lost some traction during the weekend and further slumped to under $58,000 on Monday.

Most of the altcoins have turned green as well on a daily scale. Ethereum has added nearly 4% of value and now sits well above $2,700. BNB, SOL, XRP, DOGE, ADA, TRX, AVAX, and SHIB have also posted some minor gains.from Binance. TON is up by 7.5% and now trades close to $6.8. The other notable gainers from the larger-cap alts include UNI, NEAR, STX, and APT.Disclaimer: Information found on CryptoPotato is those of writers quoted.

 

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