Market rebounded with a lower-than-expected PPI print. As of now, $BTC is trading at $96,542 and $ETH is trading at $3,224. Bitcoin dominance stands at 58.37%.
PPI rose 3.3% from the year prior, which was below the 3.5% increase economists had projected. Today we will have CPI data with a forecasted annual rise of 2.9% (see below).
Few other headlines include: Deribit, a crypto options exchange, draws interest from potential acquirers; Gensler says the SEC has 'never said' that Bitcoin and Ether are securities; and JPMorgan says XRP, Solana ETFs could bring in $13.6 billion in the first year, if approved.
Over the past 24 hours, the top gainers were $AIXBT, $FAI, and $DEXE, while the top losers were $FARTCOIN, $OM, and $SUI.
