Bitcoin, Ethereum, Dogecoin Surge Despite Red Hot Inflation: Is Apex Crypto Showing Signs Of Stabilizing?

Bitcoin and other major cryptocurrencies rose Wednesday, brushing off hotter than expected inflation, as the global cryptocurrency market cap rose 4.6% to $902.7 billion. Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin (CRYPTO: BTC) 5% -1.1% $20,276.06 Ethereum (CRYPTO: ETH) 7.2% -5.9% $1,114.21 Dogecoin (CRYPTO: DOGE) 3.8% -9.5% $0.06 Top 24-Hour Gainers (Data via CoinMarketCap) Cryptocurrency 24-Hour % Change (+/-) Price Lido DAO (LDO) +46.6% $0.9 Convex Finance (CVX) +19.7% $6.2 Curve DAO Token (CRV) +18.3% ​​$1.05 See Also: Best Crypto Debit Cards Why It Matters: Inflation in the United States rose more than anticipated in June, according to data released on Wednesday.