Bitcoin, Ethereum and Ripple rally as market anticipates rate cuts with softer US CPI print

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Bitcoin News

Ethereum,Ripple,Cryptocurrencies

OM/USDT daily chart Mantra (OM) is trading at $1.0698 at the time of writing.

Bitcoin trades close to $58,000 on Friday, extending gains as market participants turn optimistic, anticipating a US rate cut in September. German government’s Bitcoin wallets are relatively low on BTC, as compared to the beginning of June, which could ease the selling pressure. Ethereum and XRP rallied on July 12 amidst market-wide gains in cryptocurrencies. Bitcoin, Ethereum, Ripple update Bitcoin trades above $57,500 on Friday.

implies that there is underlying bullish momentum in OM’s price trend. Market updates Lido protocol announced new reward opportunities for wstETH holders on Ethereum, Base and zkSyncm, with Maverick Protocol. New reward opportunities for wstETH holders on Ethereum, Base and zkSync with @mavprotocol ✨ https://t.co/5Jn2bYlE0c — Lido July 12, 2024 Stacks co-founder announced that the Securities & Exchange Commission dropped its three-year investigation into the project, per an official tweet.

 

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