Crypto Markets Could Rally Today On U.S. Inflation Data, Heres Why

– The U.S. Consumer Price Index (CPI) is expected to show a lower reading than in March, which could trigger a relief rally in crypto markets.

– A higher-than-expected CPI reading could cause further selling in the market.

– Bitcoin and Ethereum are currently trading around 2022 lows.

– Terra (LUNA) is the worst performer during the recent crypto crash, losing over 90% of its value.

The total cryptocurrency market capitalization dropped by 5% between Nov. 14 and Nov. 21, reaching a notable $795 billion. -However,...

- Ethereum's performance last week outperformed Bitcoin's by three times on the weekly chart. - Experts believe that Ethereum's burning...

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- Investors in Bitcoin (BTC), Ethereum (ETH), and other cryptocurrencies are losing money at a historic pace - The news...

The mainstream media has been publishing articles blaming crypto for the collapse of the FTX exchange and Sam Bankman-Fried's crypto...

Cryptocurrencies have been battered This year due to increased inflation rates and The collapse of key projects -The Ethereum Network...