The crypto market demonstrated its reactivity amid the publication of data on the March Consumer Price Index in the United States.

Matros
Apr 14, 2024By Matros

The crypto market demonstrated its reactivity amid the publication of data on the March Consumer Price Index in the United States. The market initially corrected, but eventually managed to recover from the initial losses and returned to the green growth zone. Bitcoin, the flagship cryptocurrency, again showed a desire to strengthen above the $70,000 mark, reaching $70,849. The total capitalization of BTC was $1.40 trillion, with a weekly growth of +7.86%. Ether, the second-largest cryptocurrency, also showed strength, rising to $3,568. Interestingly, its weekly performance, +9.12%, outperformed Bitcoin. XRP and Solana also posted gains, reaching $0.619 and $172.69 respectively. BNB and Dogecoin also showed positive dynamics, rising to the levels of $614.71 and $0.198, respectively. Toncoin continues to surprise the market with its dynamics, showing performance of +12.25% and reaching $7.28. At night, it updated its price record, which indicates growing interest in this cryptocurrenc.

This data demonstrates that the crypto market remains dynamic and reactive to economic news and events. Although volatility remains high, investors and traders continue to look for opportunities for growth and profit in this market.

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