Crypto markets showed some relief after a softer-than-expected U.S. inflation report, giving buyers a short-term boost.
The Defiant
Bitcoin and Ether prices were relatively unchanged ahead of key U.S. inflation data, showing cautious trader behavior.
📉 Price Action
Bitcoin, Ethereum and other major tokens have seen recent price declines, with BTC and ETH prices down modestly on the day.
Analysts are flagging short-term volatility and risk of deeper correction if key levels don’t hold.
📊 Market Sentiment
Some forecasters suggest Bitcoin could drop further before finding a bottom, in bear market conditions.
📌 Regulation Outlook
Calls for clearer crypto regulation in the U.S. Congress continue, with policymakers emphasizing the need for federal rules.