Dogecoin (CRYPTO: DOGE) was trading about 3% higher during Thursday’s 24-hour trading session in tandem with Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), which were trading about 3.6% and 3.8%, respectively. The cryptocurrency sector, like the general market, is receiving bullish momentum after reacting positively to consumer price index data released on Wednesday, showing inflation may have peaked.