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You are at:Home ยป Crypto Market Recovers Following Release of US CPI Data
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Crypto Market Recovers Following Release of US CPI Data

By adminMay. 16, 2024No Comments1 Min Read
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Crypto Market Recovers Following Release of US CPI Data
Crypto Market Recovers Following Release of US CPI Data
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The US Bureau of Labor Statistics unveiled the much-anticipated April Consumer Price Index (CPI) data. In the aftermath of this release, a significant number of alternative cryptocurrencies, including the flagship cryptocurrency Bitcoin, exhibited positive market reactions and notable gains over the past 24 hours. According to the data provided by the leading cryptocurrency market tracker Coinmarketcap, the AI and big data category experienced a surge of over 11% on Wednesday, with AI-focused tokens once again emerging as some of the top performers in the market. To stay updated on the latest technology news and developments, be sure to visit NEWSLINKER.

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