Crypto Market Eyes Bounce as Traders Await U.S CPI Data, Jobless Claims and BOJ Rate Decision
The crypto market may find support after the recent selling pressure despite the cut in interest rates by the Fed last week. Experts shared some major events that could influence global markets. This includes US CPI data, Jobless claims, and a major interest rate decision of the Bank of Japan
Crypto Market Eases as Trading Volumes Remain Firm
The crypto market cap fell by 1.5% to $3.13 trillion in the early hours of Monday. However, despite a dip in prices, total trade volume remained elevated at $90.9 billion.
Bitcoin price was trading at approximately $89k, which is a decline of 1% in a day. It retained a 24-hour trading volume of $48.6 billion with a market cap of $1.77 trillion. The Ethereum market performed…
