Inflation in the US has declined to 2.3%, remaining below expectations. The expectation was 2.4%. Despite the inflation data coming in below expectations, there was no upward reaction in cryptocurrencies. US stock markets, however, started the day positively.

Bitcoin and Ethereum are maintaining their current levels. It is important for $BTC and $ETH, which experienced a sharp rise in a short time, to hold these levels. If US markets continue to price positively, upward movements in cryptocurrencies will also persist.

$BTC is very close to its ATH level. Ethereum, on the other hand, has a longer way to go. We may be experiencing a period where there are significant opportunities in altcoins. Whale wallets continue to buy Bitcoin and Ethereum. Short-term declines will not hinder the pace of the real rise.

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