Bitcoin prices moved slightly higher after a report showed the highest U.S. inflation in 40 years. However, bitcoin erased all these gains in short order, failing to provide support for the narrative that the cryptocurrency is an inflation hedge.
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BTC/USD$ 91,334.47 3.84%
ETH/USD$ 3,130.18 2.06%
USDT/USD$ 1.00 0.01%
SOL/USD$ 220.25 5.26%
BNB/USD$ 625.67 1.05%
XRP/USD$ 0.97212 19.87%
DOGE/USD$ 0.380528 2.89%
USDC/USD$ 1.00 0.05%
STETH/USD$ 3,124.36 1.99%
ADA/USD$ 0.740063 19.18%
TRX/USD$ 0.189453 6.14%
SHIB/USD$ 0.000025 5.97%
AVAX/USD$ 34.89 9.91%
TON/USD$ 5.41 2.68%
WBTC/USD$ 91,186.43 3.79%
WSTETH/USD$ 3,704.12 2.07%
SUI/USD$ 3.77 17.63%
PEPE/USD$ 0.000022 11.88%
WETH/USD$ 3,131.84 2.10%
LINK/USD$ 14.16 7.50%
BCH/USD$ 438.69 4.58%
DOT/USD$ 5.30 8.98%
NEAR/USD$ 6.12 12.06%
LEO/USD$ 7.74 3.91%
APT/USD$ 12.29 5.07%
LTC/USD$ 86.70 5.52%
WEETH/USD$ 3,293.64 2.04%
UNI/USD$ 8.78 8.40%
USDS/USD$ 0.996832 0.85%
XLM/USD$ 0.154789 16.53%
CRO/USD$ 0.169201 2.91%
ICP/USD$ 9.01 12.19%
TAO/USD$ 529.23 5.25%
WIF/USD$ 3.80 7.65%
KAS/USD$ 0.143806 9.62%
ETC/USD$ 23.80 7.42%
FET/USD$ 1.29 4.08%
DAI/USD$ 1.00 0.04%
WBT/USD$ 22.32 0.77%
USDE/USD$ 1.00 0.10%
BONK/USD$ 0.000043 22.88%
POL/USD$ 0.382017 6.36%
HBAR/USD$ 0.079973 20.06%
STX/USD$ 1.93 7.46%
RENDER/USD$ 7.15 8.20%
XMR/USD$ 146.64 0.25%
OKB/USD$ 44.20 1.81%
FDUSD/USD$ 1.00 0.26%
FIL/USD$ 4.21 7.59%
AAVE/USD$ 167.73 8.17%