Bitcoin, Ethereum, XRP, Dogecoin Rally up to 6% as Cooler Inflation Boosts Risk Appetite
Bitcoin climbed back above $64,000 after softer U.S. inflation boosted risk appetite and reduced expectations of prolonged Federal Reserve tightening. Analysts say improving technical signals, including a rare bullish MACD crossover, suggest bearish momentum may be fading.
Price at publishQQQ 720.42 / +1.22%SPY 751.87 / +0.36%Market reaction
1m5m15m30m60mBefore QQQ0.03%0.10%0.15%0.17%0.11%After QQQ0.03%0.05%0.04%0.01%0.02%Before SPY0.02%0.06%0.09%0.09%0.02%After SPY0.02%0.03%0.05%0.03%0.05%