Cryptocurrencies calm after US inflation data

After US inflation data missed expectations, investors turned to riskier assets. Bitcoin, the second largest in the US by market capitalization, rose more than 3% after US inflation data came in below expectations despite tensions after Binance stopped trading USDC. Stable currency.

Among other popular cryptocurrencies, Ether gained four percent, BNB six percent, XRP two percent, Cardanol four percent, Polka dot three percent, Solana seven percent, and AVAX up more than ten percent.