US VPI announcement today, Bitcoin flat in expectation (Market Watch)
US VPI announcement today, Bitcoin flat in expectation (Market Watch)
Bitcoin remained unchanged at around $ 27,500 last day, but that should change in the course of today, since the USA will announce the CPI numbers for April.
Also the old coins remain calm today, with hardly any movements on the part of the top 20.
BTC stagnates at $ 27.5,000
Bitcoin started an impressive increase at the end of last week, which culminated in almost $ 30,000 on Saturday morning. However, the subsequent rejection pushed the asset very down and slipped on and below $ 29,000.
The Sunday was less eventful, but on Monday and Tuesday the situation deteriorated again. BTC initially slipped to $ 28,000 before the bears drove him to a weekly low of $ 27,300 yesterday.
Since then, Bitcoin has been able to make some ground and is currently $ 27,500. With the publication of the US VPI numbers for April in the course of today, greater volatility is expected. Here are the data of the most important US events that could have historically influenced the Bitcoin Prize.
At the moment, BTC market capitalization is just over $ 530 billion, while its dominance compared to the old coins is just under 47 %.
btcusd. Tradingview
alts sit calmly
Although they are more volatile by nature, the old coins with larger market capitalization have also not listed any significant movements in the past 24 hours. Ethereum continues to act just below $ 1,850, XRP is slightly over $ 0.4, while Doge, TRX, LTC and Shib have slight daily growth.
In contrast, BNB, Matic, Ada and Dot recorded insignificant daily losses. The biggest winners come from the top 100 alternatives-Kava and Bitcoin SV. Both rose by over 10 % in one day.
Overall, the entire crypto market capitalization has been unchanged at $ 1.140 since yesterday. Nevertheless, the key figure has dropped by more than $ 65 billion since the weekend.
Overview of the cryptocurrency market. Quantify crypto