US CPI data will be released today. For those who are beginners should know that CPI (Consumer price index) measures inflation and directly affects FED interest rates decisions.
If Inflation is high that market will be bearish and lower inflation means bullish momentum.
One of the coin worth watching is Cosmos $ATOM . Recent developments suggest Cosmos is attracting attention from institutional investors and smart money. Anchorage Digital has become first institutional custodian to support $ATOM , enabling clients to securely hold, buy and sell token through anchorage trading.
Founder and CEO of Defiance Capital has expressed bullish sentiments towards the Cosmos ecosystem.
On April 10, 2025 Cosmos hosted IBC Eureka event emphasizing its vision of "One Network Infinite Chains". This event showcased advancements in the Inter-blockchain Communication IBC protocol, aiming to enhance interoperability among Blockchains within the cosmos ecosystem.
Why $ATOM looks attractive?
Atom increased 15% on Friday 4th April as other cryptocurrencies struggled with downward pressure.
Solid development team and continuous upgrades
Cosmos ecosystem remains one of the most reputable layer-0 projects focused on interoperability and blockchain scalability.
Atom price has decreased 90% from its All time High of $44. This could be a good long term project. This is not a financial advice I am just giving my analysis.