Crypto market in the upswing: BTC is approaching its all-time high, ETH has significant growth-investors are looking at the US inflation report

Crypto market in the upswing: BTC is approaching its all-time high, ETH has significant growth-investors are looking at the US inflation report
The cryptocurrency market today shows a significant increase in
Today the cryptocurrency market has a remarkable upswing. Bitcoin (BTC) is increasingly moving closer to its all -time high (ATH), while Ethereum (ETH) achieves significant price gains. These developments are primarily due to the increased interest of investors who have a look at the US inflation report.
Bitcoin, as a leading cryptocurrency, is currently developing dynamically and shows signs that it may soon be able to exceed its previous high level. The market reacts positively to news and analyzes that predict the stabilization of the global economy.
Ethereum, on the other hand, also benefits from the positive market mood. The cryptocurrency has been able to put remarkable course increases in the past few days, which indicates a growing interest of investors in defi projects and NFT markets.
The interest of investors is increasingly aimed at the upcoming US inflation report, the publication of which could possibly have far-reaching effects on the financial markets. A lower inflation rate could strengthen confidence in risky investment classes, including cryptocurrencies.
In summary, the cryptocurrency market shows itself in an optimistic constitution, while developments at BTC and ETH represent both opportunities and challenges for investors and interested parties. It remains to be seen how the market will develop in the coming days, especially with regard to the influence of the US inflation report.