As of early evening on July 14, Bitcoin (BTC +3.77%) rose 3.8% to $64,434.55, Ethereum (ETH +6.42%) rose 6.1% to $1,874.98, and Solana (SOL +3.43%) rose 2.8% to $76.97.
What’s driving crypto markets
Crypto sentiment improved on news of slowing inflation, which means the Federal Reserve is less likely to raise interest rates at its next meeting. The Consumer Price Index fell 0.4% in June, reflecting lower energy costs, and markets shifted because high interest rates pressure cryptocurrency prices. Separately, the U.S. government’s transfer of $288 million in seized Bitcoin and Ether to Coinbase Prime kept both networks in the policy spotlight.
Today’s Change
(3.77%) $2,342.49
Current Price
$64,425.00
Key Data Points
Market Cap
$1.3TMarket cap…
