The crypto market is trading in a narrow range today, August 10, as investors wait for the latest US inflation data.
Bitcoin (BTC) is holding between $64,700 and $65,300, while Ethereum (ETH) remains above the $1,900 support level. Solana (SOL), however, is outperforming both major cryptocurrencies after climbing to $77, its highest level since July 27.
The market is now focused on the US Consumer Price Index (CPI) report due August 12, which could influence expectations for the Federal Reserve’s next interest-rate decision.
For a look at the previous day’s market action, read our Crypto Market Update August 9, which covered Bitcoin and Ethereum’s pullback, Solana’s gains and the latest CLARITY Act developments.
