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The Economic Times
The Economic Times
Business
Surbhi Khanna

Bitcoin near $63K, Ethereum below $1,900 as softer US inflation fails to ease crypto market pressure

Bitcoin was trading near $63,000 and Ethereum around $1,875 on Thursday, as softer-than-expected US inflation data failed to ease pressure across the cryptocurrency market. Bitcoin was last quoted at $63,847, while Ethereum traded at $1,895.

In the past 24 hours, Bitcoin and Ethereum gained 0.10% and 0.22% respectively. Among the major altcoins, BNB, Solana, Tron, Hyperliquid, and Cardano rallied up to 4%. XRP and Dogecoin corrected 1.45%.

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