Cryptocurrency markets saw mixed trading on Thursday after slower-than-expected consumer price inflation in April. Bitcoin and Ethereum were trading with losses, while Cardano, Solana and Polkadot were trading with gains. However, the market remained flat as the encouraging CPI data indicated a cooling down of inflation and a potential relaxation of monetary policies in the future. The global cryptocurrency market cap was down 0.20% at $1.14tn in the last 24 hours with a trading volume of $20.82bn for Bitcoin, which rose 53.29%.
Subscribe To Our Free Newsletter |