Crypto prices today: Bitcoin tops $110,500; Ethereum, Altcoins rally up to 11% ahead of US inflation data
Bitcoin continued its upward momentum on Tuesday, briefly crossing the $110,500 mark as investors remained focused on upcoming US inflation data and ongoing trade talks between the US and China.
At 11:32 am IST, Bitcoin was trading 3.4% higher at $109,241 after touching an intraday high of $110,561, according to CoinMarketCap. Ethereum surged 7.3% to $2,664. The global crypto market capitalisation rose 3.8% to $3.4 trillion.
Altcoins also mirrored the bullish sentiment. XRP gained 2.3%, BNB 2%, Solana 5.2%, Dogecoin 5.5%, Cardano 5.7%, Hyperliquid 11%, Sui 5.6%, and Shiba Inu 4%.
Crypto Tracker
“Bitcoin breached the $110,000 mark on Tuesday ahead of US inflation data due Wednesday,” said Shivam Thakral, CEO of BuyUcoin. “Traders are…