The Latest Breaking News from Ali Martinez

Major cryptos drop amid anticipation of key economic indicators that could impact interest rates.

Bitcoin spiked on Monday evening as the global cryptocurrency market cap rose 0.4% to $1.1 trillion at 8:30 p.m. EDT.

As investors await inflation data, Bitcoin and other major coins continue to tread red waters. The global cryptocurrency market cap declined 2.85% to $864.3 billion on Tuesday.

Bitcoin traded below the psychologically important $20,000 mark Thursday evening as the global cryptocurrency market cap slid 4.1% to $859.3 billion at press time.

Major coins remained rangebound around psychologically important levels Monday evening as the global cryptocurrency market cap retreated 0.85% to $934.25 billion at press time. See Also: How To Get Free NFTs

Bitcoin and Ethereum spiked Thursday evening as the global cryptocurrency market cap increased 5.2% to $929.8 billion at press time.

Bitcoin and Ethereum traded in the red on Thursday evening, as the global cryptocurrency market cap remained nearly flat at $1.2 trillion at press time. 

Ethereum fell sharply, while Bitcoin faced relatively lower strain at press time on Thursday evening, as the global cryptocurrency market cap decreased 3.7% to $1.2 trillion.

Bitcoin and Ethereum were mixed at press time on Wednesday evening, breaking away from other risk assets after the U.S. Federal Reserve’s policy meeting minutes came in line with expectations. The global cryptocurrency market cap fell 0.7% to $1.3 trillion.