Bitcoin, Ethereum, Dogecoin Gain After Inflation Data: Analyst Sees $30K For Apex Crypto As ‘Fed’s Work Is Almost Done’

Major cryptocurrencies traded in the green late on Tuesday after the release of the February Consumer Price Index, which showed a decline in inflation to 6% from the previous month’s reading of 6.4%.  Cryptocurrency Gains (+/-) Price (Recorded 9:30 pm EST) Bitcoin +2.79% $25,036 Ethereum +2.31% $1,717 Dogecoin +3.92% $0.075 What Happened: Apex cryptocurrency Bitcoin (CRYPTO: BTC) rose above $26,000 for the first time in nine months before dipping to $25,000.