Here's How Cryptocurrency Market May Rally by 10% Today, Based on JPMorgan Prediction

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Crypto markets might rally today as JPMorgan believes in a 5% rally on S&P500, a case of a positive CPI inflation reading

The most likely outcome is 7.2%-7.4%, which will lead to a modest rally on the market and should have a positive impact on the digital assets market. But it most certainly will not cause a rally as the majority of market participants had already priced it in.

At press time, Bitcoin and the crypto market in general remain calm, with the average volatility on the market today in the 3%-4% range.Arman Shirinyan is a trader, crypto enthusiast and SMM expert with more than four years of experience. Arman strongly believes that cryptocurrencies and the blockchain will be of constant use in the future. Currently, he focuses on news, articles with deep analysis of crypto projects and technical analysis of cryptocurrency trading pairs.

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So, 10% then .... 🤔

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