Bitcoin and Ethereum post gains, Dogecoin bags another Musk rally

BTC/USDT hit its stride yesterday, right after the US inflation read emerged hotter than anticipated- at 6.4% instead of 6.2%, in line with a mini rally on the S&P 500 index. Theoretically, the markets should have gone the other way, given how investors tend to get spooked by the possibility of inflation-busting interest rates from the central bank.