Bitcoin’s price faced enhanced volatility yesterday morning and later on during the day, but the asset has calmed at around $62,000 ahead of the April US CPI numbers.
Most altcoins are in the red now, though, with ETH declining to $2,900 and BNB losing more than 3% of value.The primary cryptocurrency had a controversial end to the previous week as it had soared to almost $64,000 on Friday when a rapid and violent correction brought it south by more than three grand. As a result, the asset fell to $60,150 at the end of the day.
The bulls managed to intercept the move and didn’t allow a price drop to under $60,000. Just the opposite, BTC reclaimed some ground during the weekend and stood primarily around $61,000. Monday saw a moreensued during the day, but BTC has climbed slightly to just over $62,000 now. More fluctuations are expected later today as the US CPI numbers for April will be announced in a few hours.This is all you need not to miss any price action in the raging crypto markets.
BNB, DOGE, ADA, SOL, and AVAX have declined the most from the larger-cap alts, while ETH is close to breaking below $2,900 after another minor correction.Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.
Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
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