Crypto Market Reacts to Economic Data and Ethereum Upgrade, Bitcoin Price Surges.
TL;DR Summary
Bitcoin's price hovers around $30,000 after the latest Consumer Price Index (CPI) report showed inflation cooling slightly but not as much as economists had expected. Ether's price is up 0.3% from Tuesday, trading at $1,914, ahead of Ethereum's Shanghai upgrade. Crypto analysts and traders are split on the event's market impact. BTC and ETH have risen by more than 6% and 4%, respectively, in the past seven days.
- Bitcoin Hovers Around $30K, Ether Holds Above $1.9K Ahead of Ethereum Shanghai Upgrade CoinDesk
- Bitcoin Edges Higher as Inflation Cools More Than Expected in March Decrypt
- Ether Isn’t the Only Catalyst for Crypto Chaos. Watch Bitcoin Amid Economic Data. Barron's
- First Mover Asia: Does Bitcoin at $30K Really Matter? CoinDesk
- Bitcoin price rivals 10-month high as CPI data beats expectations Cointelegraph
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