✉news BusinessCrypto first seen 3 d ago, last 3 d ago, peak #33
Bitcoin Dominance Climbs as Altcoins Retreat Before CPI Data
Original: Bitcoin Dominance on the Rise as Altcoins Retreat Ahead of CPI: Market Watch
Bitcoin's share of the total cryptocurrency market is rising while alternative coins slip lower, according to a market watch report ahead of the latest US Consumer Price Index release. Traders appear to be consolidating into bitcoin as they wait on inflation figures that could shape the Federal Reserve's next policy moves.
Why now: Crypto traders are positioning ahead of US inflation data that could move prices
BitcoinUS Consumer Price IndexFederal Reserve
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/2218618