Crypto Price Today: Bitcoin rises to $26,100; BNB, XRP surge up to 4% ahead of US inflation data

Cryptocurrency markets rose on Tuesday ahead of key US inflation data and a two-day Fed monetary policy meeting, with Bitcoin up 0.91% to $26,100 and Ethereum above $1,750. Other top tokens, including BNB and XRP saw gains of up to 4%, while Solana, Dogecoin and Polkadot also traded higher. The global cryptocurrency market cap increased 0.99% in the last 24 hours to $1.06tn, with Bitcoin’s market cap at $505bn and dominance at 48%, down 0.04% on the day. Analysts suggest the crypto market is in a “decisive phase” and waiting for the next catalyst for either short-term recovery or selling pressure.