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Benzinga
Benzinga
Business
Shivdeep Dhaliwal

Bitcoin 'Might Rally Significantly,' Says Analyst As It Spikes Alongside Ethereum, Dogecoin On Moderating Inflation: Key Levels To Watch

Bitcoin Inflation Ethereum Dogecoin Crypto Cryptocurrency Edward Moya Justin Bennett Michaël van de Poppe Santiment

Major coins rallied on Wednesday after July consumer price index data indicated a slowdown in inflation. The global cryptocurrency market cap rose 3.9% to $1.1 trillion at press time.

Price Performance Of Major Coins
Coin 24-hour 7-day Price
Bitcoin (CRYPTO: BTC) 3.9% 4.2% $23,957.31
Ethereum (CRYPTO: ETH) 8.7% 14.3% $1,851.18
Dogecoin (CRYPTO: DOGE) 2.7% 7.7% $0.07
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